Shire stock price: Health to improve?

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Shire stock price: Health to improve?

Shire (SHP)

shire stock price

The Shire stock price: Consensus roundup

Considering the fact that many defensives are now at or near all-time highs, the Shire stock price could offer potentially the best opportunity in this report. One of a few UK 100 stocks that currently have NO sell ratings, even the most bearish target is attached to a bullish rating and is seeking 23% upside from current levels. A recent break above falling highs resistance is also encouraging. Will we see the 200-day moving average tested soon?

Most Bullish: MainFirst Bank, Outperform, Target 6000p (+48%)

Consensus: Target: 5450p (+34%)

Most Bearish: Credit Suisse, Outperform, Target 5000p (+23%)

P.s. If you’d like to know which other stocks have no sell ratings, then sign up to trial our research for 2 weeks.

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

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