Hikma Pharmaceuticals Discloses Managerial Share Disposal

Hikma Pharmaceuticals ( (GB:HIK) ) has provided an announcement.

Hikma Pharmaceuticals announced a transaction involving the disposal of 40,000 ordinary shares by Bassam Kanaan, a Person Discharging Managerial Responsibilities (PDMR) within the company. The transaction, conducted on the London Stock Exchange, amounted to a total value of £842,132, reflecting a share price of £21.05. This disclosure is part of the company’s compliance with the EU Market Abuse Regulation, ensuring transparency in managerial transactions.

The most recent analyst rating on (GB:HIK) stock is a Buy with a £2500.00 price target. To see the full list of analyst forecasts on Hikma Pharmaceuticals stock, see the GB:HIK Stock Forecast page.

Spark’s Take on GB:HIK Stock

According to Spark, TipRanks’ AI Analyst, GB:HIK is a Outperform.

Hikma Pharmaceuticals demonstrates solid financial performance with strong growth prospects, supported by positive corporate developments. While technical analysis provides mixed signals, the overall outlook remains favorable due to strategic initiatives and a stable valuation.

To see Spark’s full report on GB:HIK stock, click here.

More about Hikma Pharmaceuticals

Hikma Pharmaceuticals PLC is a multinational pharmaceutical company based in London, primarily engaged in the development, manufacturing, and marketing of a broad range of branded and non-branded generic medicines. The company focuses on providing high-quality medications across various therapeutic areas, serving markets in the Middle East, North Africa, Europe, and the United States.

Average Trading Volume: 571,281

Technical Sentiment Signal: Strong Buy

Current Market Cap: £4.69B

For detailed information about HIK stock, go to TipRanks’ Stock Analysis page.