Zacks cut shares of Elan (NYSE: ELN) from a neutral rating to an underperform rating in a research note issued to investors on Thursday. The firm currently has $10.70 target price on the stock.
Shares of Elan opened at 11.46 on Thursday. Elan has a one year low of $9.37 and a one year high of $15.27. The stock’s 50-day moving average is currently $10.36. The company’s market cap is $6.822 billion.
A number of other firms have also recently commented on ELN. Analysts at Jefferies Group reiterated a buy rating on shares of Elan in a research note to investors on Tuesday, February 26th. They now have a $14.00 price target on the stock. Separately, analysts at Leerink Swann upgraded shares of Elan from an underperform rating to a market perform rating in a research note to investors on Monday, February 25th. Finally, analysts at UBS AG downgraded shares of Elan from a buy rating to a neutral rating in a research note to investors on Monday, February 11th. They now have a $10.06 price target on the stock.
Two research analysts have rated the stock with a buy rating, ten have assigned a hold rating, and one has given an underweight rating to the company. Elan has a consensus rating of hold.
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