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

Proctor & Gamble Trimming Costs, Sales Fall
Proctor & Gamble Trimming Costs, Sales Fall
Netflix Set to Increase Subscription Price
Netflix Set to Increase Subscription Price
Hasbro Profit Helped by Girls Toys
Hasbro Profit Helped by Girls Toys
LinkedIn Reaches Milestone of 300 Million Members
LinkedIn Reaches Milestone of 300 Million Members
IBM Revenues Disappoint For Another Quarter
IBM Revenues Disappoint For Another Quarter
Walmart Enters the Business of Money Transfers
Walmart Enters the Business of Money Transfers


Leave a Reply

 
 
© 2006-2014 Ticker Report. Google+. Subscribe