Stock To Watch: Astrazeneca PLC (NYSE:AZN)


The leading market experts have placed a mean price target of $34.6600 on Astrazeneca PLC (NYSE:AZN) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.7900 a share for the upcoming quarter and $2.3600 for the current fiscal. Technical View The technical analysis of Astrazeneca PLC Common Stock plainly substantiates that the 50-day moving average of Astrazeneca PLC Common Stock is $29.4509, and stock is hovering 1.7506 or +5.9441% distant from $29.4509. It is noted that the 200-day MA is $29.5156, and Astrazeneca PLC Common Stock stock is $1.6859 or +5.7119% off from this point. Astrazeneca PLC (NYSE:AZN) 52-week high is $34.8800 and the 52-week low is $26.9700. This explains if the stock moves $-3.6785, it will post a 52-week high. In event of $+15.6897% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Astrazeneca PLC Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Astrazeneca PLC (NYSE:AZN) ratio came in at 27.1317. The stock last ended the trading session at $31.2015 and registered a market cap of $78.94B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Astrazeneca PLC (NYSE:AZN) PEG ratio is at -12.9400.

1 Chart Pattern Every Investor Should Know

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