Canaccord Genuity Reiterates a Hold Rating on Endo International

By Carrie Williams

In a report released yesterday, Dewey Steadman from Canaccord Genuity reiterated a Hold rating on Endo International (NASDAQ: ENDP), with a price target of $14. The company’s shares closed yesterday at $13.65, close to its 52-week low of $11.37.

According to TipRanks.com, Steadman is a 1-star analyst with an average return of -2.6% and a 50.0% success rate. Steadman covers the Healthcare sector, focusing on stocks such as Infotek Pharmaceuticals, Pacira Pharmaceuticals, and Perrigo Company.

Endo International has an analyst consensus of Hold, with a price target consensus of $23.

The company has a one year high of $45 and a one year low of $11.37. Currently, Endo International has an average volume of 6.59M.

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ENDP in relation to earlier this year.

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.

Endo International Plc operates as a pharmaceutical company. It focuses on developing, manufacturing, and distributing of branded and generic pharmaceutical products. It operates through the following segments U.S. Branded Pharmaceuticals, U.S. Generic pharmaceuticals, Devices, and International Pharmaceuticals. The U.S. Branded Pharmaceuticals offers products that focus on the treatment and management of conditions in urology, urologic oncology, endocrinology, and orthopedics. The U.S. Generic pharmaceuticals segment consist of a differentiated product portfolio including high-barrier-to-entry products, first-to-file or first-to-market opportunities that are difficult to formulate, difficult to manufacture or face complex legal and regulatory challenges. The Devices segment offers medical devices that deliver innovative medical technology solutions to physicians treating female incontinence and pelvic floor repair. The International Pharmaceuticals segment includes a variety of pharmaceutical products for the Canadian, Latin American, South African, and world markets. The company was founded on October 31, 2013 and is headquartered Dublin, Ireland.