AstraZeneca plc -10.1% potential downside indicated by Jefferies

AstraZeneca plc with ticker (LON:AZN) now has a potential downside of -10.1% according to Jefferies.

AZN.L

Jefferies set a target price of 11,300 GBX for the company, which when compared to the AstraZeneca plc share price of 12,566 GBX at opening today (06/06/2024) indicates a potential downside of -10.1%. Trading has ranged between 9,461 (52 week low) and 12,640 (52 week high) with an average of 2,236,772 shares exchanging hands daily. The market capitalisation at the time of writing is £195,923,718,060.

AstraZeneca PLC is a science-led biopharmaceutical company. The Company focuses on the discovery, development, and commercialization of prescription medicines in oncology, rare diseases, and biopharmaceuticals, including cardiovascular, renal & metabolism, and respiratory and immunology. Its pipeline forms a portfolio of investigational therapies in various stages of clinical development and includes the Alexion Rare Disease portfolio comprising approximately 178 projects. Its key marketed oncology products include Tagrisso, Imfinzi, Lynparza, Calquence, Enhertu, Orpathys, Zoladex, Faslodex and others. Its rare diseases products include Soliris, Ultomiris, Strensiq and Kanuma. Its BioPharmaceuticals products include Farxiga, Lokelma, Crestor, Breztri and others. It is also focused on discovering, developing, and manufacturing of T-cell receptor therapies. It also offers investigational vaccine candidate IVX-A12, which targets both respiratory syncytial virus and human metapneumovirus.