Shares of Elanco Animal Health (NASDAQ:ELAN) have been assigned a consensus recommendation of “Hold” from the fifteen ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $33.15.
A number of research firms recently commented on ELAN. Zacks Investment Research upgraded Elanco Animal Health from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a research note on Wednesday. Guggenheim began coverage on Elanco Animal Health in a research note on Wednesday, May 22nd. They issued a “neutral” rating for the company. UBS Group began coverage on Elanco Animal Health in a research note on Wednesday, March 20th. They issued a “sell” rating and a $28.00 price target for the company. Bank of America upgraded Elanco Animal Health from a “neutral” rating to a “buy” rating and set a $30.95 price target for the company in a research note on Monday, March 18th. Finally, Morgan Stanley began coverage on Elanco Animal Health in a research note on Wednesday, March 13th. They issued an “equal weight” rating and a $34.00 price target for the company.
In other Elanco Animal Health news, Director John P. Bilbrey purchased 7,750 shares of the business’s stock in a transaction dated Monday, May 13th. The shares were bought at an average price of $32.39 per share, with a total value of $251,022.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
NASDAQ:ELAN opened at $33.73 on Friday. Elanco Animal Health has a one year low of $28.00 and a one year high of $37.61.
Elanco Animal Health (NASDAQ:ELAN) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.25 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.03. The firm had revenue of $731.10 million during the quarter, compared to analyst estimates of $743.40 million. The firm’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter last year, the business posted $0.33 earnings per share.
Elanco Animal Health Company Profile
There is no company description available for Elanco Animal Health Inc
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