AMAG Pharmaceuticals Price Target Cut to $23.00 by Analysts at Ladenburg Thalmann (AMAG)

Share on StockTwits

Equities research analysts at Ladenburg Thalmann lowered their price target on shares of AMAG Pharmaceuticals (NASDAQ: AMAG) from $25.00 to $23.00 in a research note issued to investors on Monday, Analyst Ratings Network.com reports. Ladenburg Thalmann’s price objective suggests a potential upside of 15.87% from the stock’s previous close.

Shares of AMAG Pharmaceuticals (NASDAQ: AMAG) traded up 0.49% during mid-day trading on Monday, hitting $20.50. AMAG Pharmaceuticals has a one year low of $12.43 and a one year high of $23.98. The stock’s 50-day moving average is currently $21.49. The company’s market cap is $442.3 million.

AMAG Pharmaceuticals (NASDAQ: AMAG) last posted its quarterly earnings results on Tuesday, April 23rd. The company reported ($0.18) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.20) by $0.02. The company had revenue of $17.90 million for the quarter, compared to the consensus estimate of $17.99 million. During the same quarter last year, the company posted ($0.58) earnings per share. AMAG Pharmaceuticals’s revenue was up 15.5% compared to the same quarter last year. Analysts expect that AMAG Pharmaceuticals will post $-0.63 EPS for the current fiscal year.

Separately, analysts at Jefferies Group raised their price target on shares of AMAG Pharmaceuticals from $12.00 to $14.00 in a research note to investors on Thursday, April 25th. They now have an “underperform” rating on the stock.

One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $18.20.

AMAG Pharmaceuticals, Inc. is a biopharmaceutical company focused on the development and commercialization of a therapeutic iron compound to treat iron deficiency anemia (NASDAQ: AMAG).

Latest News

Target Eliminating Jobs Seeking to Cut $2 Billion in Costs
Target Eliminating Jobs Seeking to Cut $2 Billion in Costs
Retail Sales in Germany Help European Markets
Retail Sales in Germany Help European Markets
Rebekah Brooks Returning to News Corp
Rebekah Brooks Returning to News Corp
Herbalife Stock Plummets Close to 11% on Negative Outlook
Herbalife Stock Plummets Close to 11% on Negative Outlook
Shares of Weight Watchers at Record Low
Shares of Weight Watchers at Record Low
Lloyds See Annual Profit, Restarts Dividends
Lloyds See Annual Profit, Restarts Dividends


Leave a Reply

Advertisement
Advertisement
© 2006-2015 Ticker Report. Google+.