ANI Pharmaceuticals Inc (NASDAQ:ANIP) has been assigned a consensus recommendation of “Hold” from the seven analysts that are presently covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $71.00.
A number of equities analysts have recently weighed in on ANIP shares. BidaskClub downgraded ANI Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Thursday, December 21st. Canaccord Genuity set a $75.00 target price on ANI Pharmaceuticals and gave the company a “buy” rating in a report on Saturday, December 9th. ValuEngine upgraded ANI Pharmaceuticals from a “hold” rating to a “buy” rating in a report on Saturday, November 25th. Zacks Investment Research upgraded ANI Pharmaceuticals from a “hold” rating to a “buy” rating and set a $71.00 target price on the stock in a report on Tuesday, November 7th. Finally, TheStreet upgraded ANI Pharmaceuticals from a “c+” rating to a “b” rating in a report on Thursday, November 16th.
ANI Pharmaceuticals (ANIP) traded down $0.50 during midday trading on Tuesday, reaching $59.22. The company’s stock had a trading volume of 56,382 shares, compared to its average volume of 122,503. The firm has a market cap of $690.09, a P/E ratio of 92.53 and a beta of 2.79. ANI Pharmaceuticals has a 12-month low of $42.23 and a 12-month high of $74.70. The company has a current ratio of 3.45, a quick ratio of 2.39 and a debt-to-equity ratio of 0.83.
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About ANI Pharmaceuticals
ANI Pharmaceuticals, Inc is an integrated specialty pharmaceutical company. The Company is engaged in developing, manufacturing and marketing branded and generic prescription pharmaceuticals. The Company focuses on areas, including controlled substances, anti-cancer (oncolytics), hormones and steroids, and complex formulations.
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