In recent trading, shares of Perrigo Company plc (PRGO) rose above the average analyst 12-month target price of $15.25, trading at $15.42 per share. Analysts have set varying targets, with one as low as $14.00 and another as high as $17.00, reflecting a standard deviation of $1.258.
Currently, there is one strong buy rating, no buy ratings, four hold ratings, and no sell or strong sell ratings among analysts covering the stock. The average rating remains steady at 2.6 (on a scale where 1 is Strong Buy and 5 is Strong Sell) across the past three months. Investors are now reassessing whether this surge is merely temporary or indicates a path toward even higher targets.
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