TOday’s Movers: Icon plc (NASDAQ:ICLR) Stock Rating Reconfirmed by Analysts at Credit Suisse; $144.0000 Target Price Indicates 5.46 % Potential

June 20, 2018 - By Rusty Cady

ICON Public Limited Company (NASDAQ:ICLR) Logo

Icon plc (NASDAQ:ICLR) Rating Reaffirmed

New York: In analysts note revealed to investors on Tuesday morning, Credit Suisse maintained their Buy rating on Icon plc (NASDAQ:ICLR) shares. They now have a $144.0000 target on the company. Credit Suisse’s target suggests a potential upside of 5.46 % from the company’s stock close price.

ICON Public Limited Company (NASDAQ:ICLR) Ratings Coverage

Among 7 analysts covering Icon plc (NASDAQ:ICLR), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Icon plc has $152 highest and $109.0 lowest target. $135.14’s average target is -1.03% below currents $136.54 stock price. Icon plc had 12 analyst reports since January 9, 2018 according to SRatingsIntel. KeyBanc Capital Markets maintained the stock with “Buy” rating in Wednesday, January 10 report. Jefferies maintained ICON Public Limited Company (NASDAQ:ICLR) on Tuesday, January 9 with “Buy” rating. Credit Suisse maintained ICON Public Limited Company (NASDAQ:ICLR) on Tuesday, June 19 with “Outperform” rating. The stock of ICON Public Limited Company (NASDAQ:ICLR) has “Buy” rating given on Thursday, February 15 by Credit Suisse. Evercore downgraded the shares of ICLR in report on Tuesday, April 3 to “In-Line” rating. The stock of ICON Public Limited Company (NASDAQ:ICLR) has “Buy” rating given on Thursday, February 15 by Robert W. Baird. The firm has “Overweight” rating by KeyBanc Capital Markets given on Monday, June 18. The stock has “Buy” rating by SunTrust on Monday, January 22. The firm earned “Hold” rating on Thursday, February 15 by Mizuho. As per Wednesday, January 24, the company rating was maintained by Mizuho.

The stock increased 0.54% or $0.73 during the last trading session, reaching $136.54. About 141,985 shares traded. ICON Public Limited Company (NASDAQ:ICLR) has risen 38.08% since June 21, 2017 and is uptrending. It has outperformed by 25.51% the S&P500.

Analysts await ICON Public Limited Company (NASDAQ:ICLR) to report earnings on July, 26. They expect $1.48 earnings per share, up 12.98 % or $0.17 from last year’s $1.31 per share. ICLR’s profit will be $79.61 million for 23.06 P/E if the $1.48 EPS becomes a reality. After $1.42 actual earnings per share reported by ICON Public Limited Company for the previous quarter, Wall Street now forecasts 4.23 % EPS growth.

ICON Public Limited Company, a contract research organization, provides outsourced development services to the pharmaceutical, biotechnology, and medical device industries in Ireland, rest of Europe, the United States, and internationally. The company has market cap of $7.35 billion. The firm specializes in the strategic development, management, and analysis of programs that support various stages of the clinical development process from compound selection to Phase I-IV clinical studies. It has a 25.95 P/E ratio. The Company’s clinical development services comprise product development planning, strategic consulting, study protocol preparation, clinical pharmacology, pharmacokinetic and pharmacodynamic analysis, clinical research center, investigator site, patient recruitment, study monitoring and data collection, case report form preparation, statistical analysis, patient safety and risk monitoring, clinical data management, strategic analysis and data operation, regulatory consulting, and medical reporting and pharmacovigilance services.

More recent ICON Public Limited Company (NASDAQ:ICLR) news were published by: 247Wallst.com which released: “4 Pharmaceutical Services Stocks To Buy With Big Upside Potential” on June 13, 2018. Also Businesswire.com published the news titled: “ICON Enhances Endpoint Adjudication Services Using AG Mednet Advanced Technology” on June 11, 2018. Nasdaq.com‘s news article titled: “Investor Expectations to Drive Momentum within Momo, Barrick Gold, Grupo Financiero Santander Mexico SAB de CV …” with publication date: June 04, 2018 was also an interesting one.

ICON Public Limited Company (NASDAQ:ICLR) Ratings Chart

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