Mitsubishi UFJ Financial Group assumed coverage on shares of Syneos Health (NASDAQ:SYNH) in a report issued on Friday morning. The firm issued an overweight rating and a $50.00 price objective on the stock.
Other equities research analysts also recently issued research reports about the company. Robert W. Baird set a $50.00 price target on Syneos Health and gave the company a buy rating in a research report on Thursday, February 22nd. Zacks Investment Research raised Syneos Health from a hold rating to a buy rating and set a $41.00 price objective on the stock in a research note on Tuesday, February 13th. Credit Suisse Group reaffirmed a buy rating and set a $52.00 price objective on shares of Syneos Health in a research note on Thursday, January 4th. KeyCorp reaffirmed a buy rating and set a $50.00 price objective on shares of Syneos Health in a research note on Thursday, January 4th. Finally, BidaskClub raised Syneos Health from a hold rating to a buy rating in a research note on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have given a buy rating to the stock. The company has an average rating of Buy and an average target price of $49.80.
NASDAQ SYNH opened at $38.20 on Friday. Syneos Health has a twelve month low of $31.10 and a twelve month high of $61.10. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 0.98. The stock has a market cap of $3,918.59, a price-to-earnings ratio of 19.69, a PEG ratio of 0.95 and a beta of 0.80.
Several large investors have recently made changes to their positions in SYNH. Globeflex Capital L P bought a new stake in shares of Syneos Health in the fourth quarter worth about $210,000. Municipal Employees Retirement System of Michigan bought a new stake in shares of Syneos Health in the fourth quarter worth about $741,000. Finally, Geode Capital Management LLC bought a new stake in shares of Syneos Health in the fourth quarter worth about $23,570,000.
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Syneos Health Company Profile
Syneos Health, Inc operates as an integrated biopharmaceutical solutions company in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. It operates through two segments, Clinical Solutions and Commercial Solutions. The Clinical Solutions segment offers various clinical development services spanning Phase I to Phase IV, including full-service global studies, as well as unbundled service offerings, such as clinical monitoring, investigator recruitment, patient recruitment, data management, and study startup to assist customers with drug development process.
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