UDG Healthcare Group (UDG.L) 14-02-20
Will the UDG Healthcare Group (UDG.L) share price break beneath the 733p support zone, or will we see a return to highs of 832p (+7%)?
- Currently trading close to the key 733p support at 775.15p (at time of writing).
- The support has proven reliable until now. Will the price rebound again?
- As always, traders should be mindful of stop-loss placement.
- Will the shares bounce again to recent highs at 832p? (+7%).
- Shares -6% from 12-month highs; +40% from 12 month lows.
Latest News
28 Jan: UDG Healthcare, the healthcare services group, predicted an annual EPS growth of 7-9% after its Q1 profits grew.
21 Jan: Barclays Capital reiterates its overweight rating on UDG Healthcare (UDG) and increased the target price to 910p (from 830p).
21 Jan: Jefferies International reiterates its hold rating on UDG Healthcare (UDG) and increased the target price to 735p (from 620p).
20 Jan: Berenberg has upgraded its rating on UDG Healthcare (UDG) to buy (from hold) and increased the target price to 920p (from 850p).
17 Dec: UDG Healthcare announced that Peter Gray, the company’s chairman, would leave the role in September 2020. A process is being undertaken to identify his replacement.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires