AstraZeneca plc -11.1% potential downside indicated by Deutsche

AstraZeneca plc with ticker (LON:AZN) now has a potential downside of -11.1% according to Deutsche.

AZN.L

Deutsche set a target price of 11,000 GBX for the company, which when compared to the AstraZeneca plc share price of 12,368 GBX at opening today (01/07/2024) indicates a potential downside of -11.1%. Trading has ranged between 9,461 (52 week low) and 12,704 (52 week high) with an average of 1,995,179 shares exchanging hands daily. The market capitalisation at the time of writing is £190,465,933,020.

AstraZeneca PLC is a science-led biopharmaceutical company. The Company is focused on the discovery, development, and commercialization of prescription medicines in oncology, rare diseases, and biopharmaceuticals, including cardiovascular, renal and metabolism, respiratory and immunology and vaccines and immune therapies. 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, Crestor, Breztri and others. It offers investigational vaccine candidate IVX-A12, which targets both respiratory syncytial virus and human metapneumovirus. Its oncology candidate includes FPI-2265 targeting prostate specific membrane antigen for metastatic castration resistant prostate cancer, which is in a Phase II trial. It is also focused on discovering, developing, and manufacturing of T-cell receptor therapies.