West Pharm Receives a Hold from Jefferies

By Austin Angelo

In a report issued on June 6, David Windley from Jefferies reiterated a Hold rating on West Pharm (NYSE: WST), with a price target of $90. The company’s shares closed yesterday at $99.44, close to its 52-week high of $99.91.

According to TipRanks.com, Windley is a top 25 analyst with an average return of 18.1% and a 80.1% success rate. Windley covers the Healthcare sector, focusing on stocks such as Quintiles Transnational, WellCare Health Plans, and PRA Health Sciences.

West Pharm has an analyst consensus of Hold, with a price target consensus of $90.

The company has a one year high of $99.91 and a one year low of $70.17. Currently, West Pharm has an average volume of 353.3K.

Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock. Last month, William Federici, the Sr. VP & CFO of WST sold 54,996 shares for a total of $5,248,702.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

West Pharmaceutical Services, Inc. engages in the manufacturing, marketing and distribution of components and systems for the packaging and delivery of injectable drugs and delivery system components for the pharmaceutical, healthcare and consumer products industries. It operates through the following business segments: Pharmaceutical Packaging Systems and Pharmaceutical Delivery Systems. The Pharmaceutical Packaging Systems segment consist of the following product lines which include elastomeric stoppers, discs, elastomeric plungers, needle shields, pharmaceutical containers, closures, dispensers, disposable medical components and laboratory and other services. The Delivery Systems segment develops, manufactures and sells and administration systems, multi-component systems for drug administration, and customer contract-manufacturing solutions to the healthcare and consumer-products industries. The company was founded by Herman O. West on July 27, 1923 and is headquartered in Exton, PA.