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Berenberg raises target price on Hikma Pharmaceuticals following H1 results

By Iain Gilbert

Date: Tuesday 13 Aug 2024

(Sharecast News) - Analysts at Berenberg raised their target price on Hikma Pharmaceuticals from 2,000.0p to 2,100.0p on Tuesday following an "impressive" H1 performance.
Hikma reported 10% revenue growth and upgraded guidance for FY24 revenues to 6-8% and core operating profit to $700.0m-730.0m from 4-6% and $660.0m-700.0m, respectively.

Berenberg, which...

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