H. Lundbeck A/S (OTCMKTS:HLUYY) Coverage Initiated by Analysts at Berenberg Bank

Berenberg Bank assumed coverage on shares of H. Lundbeck A/S (OTCMKTS:HLUYY) in a report published on Wednesday morning, The Fly reports. The brokerage issued a buy rating on the stock.

Several other equities research analysts also recently weighed in on HLUYY. Deutsche Bank Aktiengesellschaft reaffirmed a sell rating on shares of H. Lundbeck A/S in a report on Thursday, October 7th. Credit Suisse Group reaffirmed an underperform rating on shares of H. Lundbeck A/S in a report on Friday, August 20th. Barclays reaffirmed an overweight rating on shares of H. Lundbeck A/S in a report on Thursday, September 2nd. Finally, Zacks Investment Research raised H. Lundbeck A/S from a hold rating to a buy rating and set a $31.00 target price for the company in a report on Wednesday, October 20th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, H. Lundbeck A/S presently has an average rating of Hold and a consensus target price of $30.84.

Shares of OTCMKTS HLUYY opened at $25.77 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.97 and a quick ratio of 0.66. The stock has a fifty day moving average price of $27.34 and a 200 day moving average price of $29.64. H. Lundbeck A/S has a 1-year low of $25.77 and a 1-year high of $43.05. The company has a market cap of $5.13 billion, a PE ratio of 15.71 and a beta of 0.69.

About H. Lundbeck A/S

H. Lundbeck A/S engages in the research, development, and market of pharmaceutical products for the treatment of psychiatric and neurological disorders. It operates through the following geographical segments: Europe, the Unites States of America, and International Markets. Its product portfolio targets the following diseases: Alzheimer’s, depression, Parkinson’s, Schizophrenia, alcohol dependence, anxiety, bipolar disorder, epilepsy, and Huntington’s.

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Analyst Recommendations for H. Lundbeck A/S (OTCMKTS:HLUYY)

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