Valeant Price Target $156.67 USD
Shares of Valeant Pharmaceuticals International, Inc. (NYSE:VRX) have been given a price target of $156.67. This is a one year objective based on the analysts taken into consideration by Thomson Reuters First Call. Price targets can be useful for investors who are looking to get an idea of where a stock might be headed. In comparing the target to current levels, shares closed the last trading session at $86.12. When evaluating stocks, many investors also look to analysts for future earnings predictions and growth. Analysts are predicting $2.51 per share in earnings next quarter and $10.26 for the current year. In comparing the current price level of the equity to their moving averages, the shares are trading -10.17 off of the 50-day average of $98.40 and -71.43 away from the 200-day moving average of $159.66. Another important factor to consider when evaluating a stocks current and future value are the 52 week high and low levels. As of the most recent bid at the time of writing, Valeant Pharmaceuticals Interna shares are trading -66.56% away from the 52-week high mark of 263.81 and +27.26% off the 52-week bottom of 69.33. Taking a step further, investors might also consider evaluating a firms PEG ratio, which illustrates the relationship between stock price, earning per share, and the companys growth rate. A firm with a PEG ratio below 1 is considered undervalued. A company with a PEG ratio around 1 is considered fairly valued. A company with a PEG ratio greater than 1 is considered overvalued. The stock has a current PEG of 0.46.
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