Analyst Activity – Jefferies Group LLC Reiterates Hold on Akorn (NASDAQ:AKRX)

ME Staff
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Analyst Ratings For Akorn (NASDAQ:AKRX)

Today, Jefferies Group LLC reiterated its Hold rating on Akorn (NASDAQ:AKRX) with a price target of $34.00.

There are 2 sell ratings, 10 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Akorn (NASDAQ:AKRX) is Hold (Score: 2.00) with a consensus target price of $31.20 per share, a potential 7.25% downside.

Some recent analyst ratings include

  • 7/19/2017-Jefferies Group LLC Reiterated Rating of Hold.
  • 4/25/2017-Gabelli Reiterated Rating of Buy .
  • 4/25/2017-William Blair was Downgraded by analysts at William Blair from a “Outperform ” rating to a ” Market Perform” rating.
  • 4/25/2017-Craig Hallum was Downgraded by analysts at Craig Hallum from a “Buy ” rating to a ” Hold” rating.
  • 4/25/2017-Piper Jaffray Companies was Downgraded by analysts at Piper Jaffray Companies from a “Overweight ” rating to a ” Neutral” rating. They now have a $34.00 price target on the stock, up previously from $29.00 .
  • 4/10/2017-Deutsche Bank AG Reiterated Rating of Hold.

Recent Insider Trading Activity For Akorn (NASDAQ:AKRX)
Akorn (NASDAQ:AKRX) has insider ownership of 28.20% and institutional ownership of 76.09%.

  • On 8/15/2016 Kenneth Abramowitz, Director, sold 2,691 with an average share price of $30.44 per share and the total transaction amounting to $81,914.04. View SEC Filing
  • On 6/14/2016 Joseph Bonaccorsi, SVP, sold 6,500 with an average share price of $29.84 per share and the total transaction amounting to $193,960.00. View SEC Filing
  • On 6/10/2016 Kenneth Abramowitz, Director, sold 14,675 with an average share price of $30.16 per share and the total transaction amounting to $442,598.00. View SEC Filing
  • On 6/9/2016 Bruce Kutinsky, COO, sold 142,000 with an average share price of $31.12 per share and the total transaction amounting to $4,419,040.00. View SEC Filing
  • On 6/7/2016 Ronald M Johnson, Director, sold 7,542 with an average share price of $31.49 per share and the total transaction amounting to $237,497.58. View SEC Filing
  • On 6/6/2016 Kenneth Abramowitz, Director, sold 10,900 with an average share price of $31.37 per share and the total transaction amounting to $341,933.00. View SEC Filing
  • On 6/3/2016 Joseph Bonaccorsi, SVP, sold 90,250 with an average share price of $31.23 per share and the total transaction amounting to $2,818,507.50. View SEC Filing

Recent Trading Activity for Akorn (NASDAQ:AKRX)
Shares of Akorn closed the previous trading session at 33.64 down -0.06 -0.18% with 8,626,017 shares trading hands.