Other equities research analysts also recently issued research reports about the stock. BMO Capital Markets set a $444.00 price target on shares of Regeneron Pharmaceuticals and gave the stock a hold rating in a research note on Monday, November 27th. Citigroup downgraded shares of Regeneron Pharmaceuticals from a buy rating to a neutral rating and dropped their target price for the stock from $480.00 to $380.00 in a research report on Friday, December 1st. Cowen reissued a hold rating and issued a $450.00 target price on shares of Regeneron Pharmaceuticals in a research report on Wednesday, February 7th. Piper Jaffray Companies reissued a buy rating and issued a $540.00 target price on shares of Regeneron Pharmaceuticals in a research report on Monday, November 13th. Finally, Jefferies Group reissued a hold rating and issued a $380.00 target price on shares of Regeneron Pharmaceuticals in a research report on Thursday, February 8th. Four equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eleven have assigned a buy rating to the stock. The stock has an average rating of Hold and an average price target of $463.19.
Shares of Regeneron Pharmaceuticals (REGN) opened at $333.18 on Tuesday. Regeneron Pharmaceuticals has a one year low of $313.53 and a one year high of $543.55. The stock has a market cap of $35,529.00, a price-to-earnings ratio of 23.93, a P/E/G ratio of 1.41 and a beta of 1.47. The company has a current ratio of 3.82, a quick ratio of 3.18 and a debt-to-equity ratio of 0.11.
In other Regeneron Pharmaceuticals news, Director Joseph L. Goldstein sold 1,000 shares of the business’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $325.60, for a total transaction of $325,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 10.80% of the company’s stock.
A number of institutional investors have recently bought and sold shares of REGN. Ark Investment Management LLC boosted its stake in Regeneron Pharmaceuticals by 78.8% during the 2nd quarter. Ark Investment Management LLC now owns 1,234 shares of the biopharmaceutical company’s stock valued at $606,000 after purchasing an additional 544 shares during the period. Virtu KCG Holdings LLC acquired a new position in Regeneron Pharmaceuticals during the 2nd quarter valued at about $206,000. Cubist Systematic Strategies LLC boosted its stake in Regeneron Pharmaceuticals by 176.1% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 671 shares of the biopharmaceutical company’s stock valued at $330,000 after purchasing an additional 428 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in Regeneron Pharmaceuticals by 13.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,212 shares of the biopharmaceutical company’s stock valued at $1,578,000 after purchasing an additional 378 shares during the period. Finally, WINTON GROUP Ltd acquired a new position in Regeneron Pharmaceuticals during the 2nd quarter valued at about $713,000. 65.89% of the stock is owned by hedge funds and other institutional investors.
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Regeneron Pharmaceuticals Company Profile
Regeneron Pharmaceuticals, Inc is a biopharmaceutical company that discovers, invents, develops, manufactures and commercializes medicines for the treatment of serious medical conditions. The Company commercializes medicines for eye diseases, high low-density lipoprotein (LDL) cholesterol, and an inflammatory condition and have product candidates in development in other areas, including rheumatoid arthritis, asthma, atopic dermatitis, pain, cancer, and infectious diseases.
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