Analysts Set Roche Holdings AG Basel ADR (RHHBY) PT at $34.00

Roche Holdings AG Basel logo Shares of Roche Holdings AG Basel ADR (OTCMKTS:RHHBY) have received an average recommendation of “Hold” from the eleven analysts that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $34.00.

Several equities analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Roche Holdings AG Basel from a “buy” rating to a “hold” rating in a report on Monday, January 7th. Jefferies Financial Group restated a “buy” rating on shares of Roche Holdings AG Basel in a report on Tuesday, December 11th. Citigroup restated a “hold” rating on shares of Roche Holdings AG Basel in a report on Monday, November 26th. Goldman Sachs Group downgraded shares of Roche Holdings AG Basel from a “conviction-buy” rating to a “buy” rating in a report on Monday, November 19th. Finally, Wolfe Research assumed coverage on shares of Roche Holdings AG Basel in a report on Tuesday, October 23rd. They set a “market perform” rating on the stock.

A number of large investors have recently modified their holdings of RHHBY. Gardiner Nancy B acquired a new position in Roche Holdings AG Basel in the 3rd quarter worth approximately $454,000. Cornerstone Investment Partners LLC acquired a new position in Roche Holdings AG Basel in the 3rd quarter worth approximately $206,000. Lenox Wealth Management Inc. increased its holdings in Roche Holdings AG Basel by 3.4% in the 3rd quarter. Lenox Wealth Management Inc. now owns 118,812 shares of the company’s stock worth $3,583,000 after buying an additional 3,886 shares during the period. Moloney Securities Asset Management LLC increased its holdings in Roche Holdings AG Basel by 7.8% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 34,977 shares of the company’s stock worth $1,064,000 after buying an additional 2,525 shares during the period. Finally, Dearborn Partners LLC acquired a new position in Roche Holdings AG Basel in the 3rd quarter worth approximately $232,000.

Shares of RHHBY traded down $0.02 during mid-day trading on Friday, hitting $32.06. 2,583,183 shares of the company traded hands, compared to its average volume of 1,305,788. Roche Holdings AG Basel has a 1-year low of $26.30 and a 1-year high of $32.72. The company has a quick ratio of 0.97, a current ratio of 1.28 and a debt-to-equity ratio of 0.53. The company has a market cap of $219.15 billion, a P/E ratio of 16.44, a price-to-earnings-growth ratio of 1.99 and a beta of 0.53.

Roche Holdings AG Basel Company Profile

Roche Holding AG engages in the diagnostics and pharmaceuticals businesses in Switzerland, Germany, and rest of Europe. It offers pharmaceutical products for anaemia, anticoagulation therapy, bone, cancer, cardiovascular, central nervous system, chlamydia, coagulation, dermatology, diabetes, gonorrhea, gout, hemostasis disorders, hepatitis B and C, HIV/AIDS, HPV, infectious diseases, inflammatory and autoimmune, intensive care medicine, kidney and urogenital tract, leukemia, lipid disorders, liver, lymphoma, metabolic disorders, obesity, occult blood testing, ophthalmology, osteoporosis, pancreatitis, respiratory disorders, rheumatoid arthritis, sepsis, sexually transmitted infections, skin cancer, transplantation, tuberculosis, urinary tract infections, and West Nile virus diseases. Analyst Recommendations for Roche Holdings AG Basel (OTCMKTS:RHHBY) Receive News & Ratings for Roche Holdings AG Basel Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Roche Holdings AG Basel and related companies with MarketBeat.com’s FREE daily email newsletter .

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