Share

Mylan Inc. (MYL) Given “Buy” Rating at Bank of America Corp

On average, analysts expect that Mylan will post $4.98 EPS for the current fiscal year. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Mylan in a report on Saturday, June 25th. The Company holds 19.10 million shares outstanding. Nine equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Analyst’s mean target price for AAPL is $124.11 while analysts mean recommendation is 1.80.

Advertisement

Mylan NV (NASDAQ:MYL), dropped -5.41% and closed at $43.15 in the last trading session.

GameStop shares gained about 2 percent in after-hours trade on the New York Stock Exchange. The company has total market value of 24.40B. The stock has a 50 day moving average price of $46.86 and a 200-day moving average price of $45.41. Mylan NV (NASDAQ:MYL)’s shares are now trading -13.71% away from the 52-week high price of $55.51 and +27.43% far from the 52-week low price of $37.59.

In Mylan NV (NASDAQ:MYL) latest quarter ended on 30 Jun 2016, company announced earnings of $1.16. The company reported $1.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.13 by $0.03. To have technical analysis views, liquidity ratio of a company was calculated 4.10 as evaluated with its debt to equity ratio of 0.00. 0 analysts call it Underweight, while 2 think it is Overweight.

According to 12 analysts, Mylan NV (NASDAQ:MYL)’s revenue estimates for the current quarter are $3.24 billion meanwhile the company has high revenue estimates of $3.41 billion in contradiction of low revenue estimates of $2.98 billion.

Mylan N.V. (MYL): 6 investment research analysts covering Mylan N.V. (MYL) have an average price target of $59.17 for the near short term.

A number of hedge funds and institutional investors have bought and sold shares of MYL. Park National Corp OH boosted its position in shares of Mylan by 0.5% in the second quarter. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell The mean price target for the shares of company is at $11.99 while the highest price target suggested by the analysts is $15.00 and low price target is $8.00.

Cisco Systems, Inc. (NASDAQ:CSCO) have shown a high EPS growth of 12.60% in the last 5 years and has earnings growth of 22.60% yoy. SignalPoint Asset Management LLC now owns 7,910 shares of the company’s stock worth $342,000 after buying an additional 509 shares during the period. Finally, Menora Mivtachim Holdings LTD. acquired a new position in Mylan during the fourth quarter valued at $84,713,000. Finally, Checchi Capital Advisers LLC boosted its position in shares of Mylan by 6.6% in the second quarter.

Advertisement

While taking an overview of recommendation trends, the stock now has an average brokerage recommendation of 2.25. The shares were purchased at an average cost of $44.95 per share, with a total value of $75,066.50. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0 analysts assign “Sell” rating for the stock.

Analysts Recommendation on Mylan NV (NASDAQ:MYL)