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Pin to quick picksHikma Pharmaceuticals Share News (HIK)

Share Price Information for Hikma Pharmaceuticals (HIK)

London Stock Exchange
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Share Price: 1,958.00
Bid: 1,963.00
Ask: 1,965.00
Change: -36.00 (-1.81%)
Spread: 2.00 (0.102%)
Open: 2,004.00
High: 2,004.00
Low: 1,958.00
Prev. Close: 1,994.00
HIK Live PriceLast checked at -

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Sector movers: Shire and AZN lead pharma stocks lower on M&A risk

Wed, 06th Aug 2014 14:13

The pharmaceutical sector dropped on Wednesday on the back of fears about risks to mergers and acquisitions (M&A) activity, with Shire sinking sharply.Concerns that stricter rules on so-called 'tax inversion' in the US could scupper Abbvie's £32bn takeover of London-listed Shire dented the latter's share price by over 6% in afternoon trade.The White House said it was "reviewing a broad range of authorities for possible administrative action" in an effort to stop American companies from taking over foreign businesses to shift their tax domicile overseas.UK pharma group Astrazeneca, which had recently been the target of a failed £69bn bid from Pfizer, saw its share price sink 4.4% on Wednesday as hopes eased that the US giant could return later in the future with a higher offer. Pfizer was explicit earlier in the year that it was looking to acquire to Astrazeneca to lower its tax bill.Larger peer GlaxoSmithKline was down 1%, though the stock was lower after going ex-dividend.Pharma stocks were also reeling on Wednesday after the collapse of two multi billion-dollar deals in other sectors, raising fears about a cooling of the M&A market. 21st Century Fox announced plans to walk away from the near-$80bn takeover of Time Warner and Sprint shelved plans to buy T-Mobile US for $30bn."Sentiment was further hurt after deals worth more than $100bn were pulled off the table last night in the US, with analysts questioning the robustness of the recent M&A boom," said market strategist Daniel Sugarman from ETX Capital.Other pharma stocks were lower, including GW Pharmaceuticals, Sinclair IS Pharma and Hikma Pharmaceuticals.Top performing sectors so far todayMobile Telecommunications 4,462.17 +0.99%Electricity 9,438.08 +0.74%Gas, Water & Multiutilities 5,915.43 +0.02%Bottom performing sectors so far todayHealth Care Equipment & Services 5,717.04 -3.49%Pharmaceuticals & Biotechnology 12,419.04 -3.26%Automobiles & Parts 8,000.86 -2.12%Food & Drug Retailers 3,245.80 -2.11%Household Goods & Home Construction 11,302.57 -1.88%BC
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12 Jan 2023 17:55

Arecor transfers AT307 drug to Hikma for development, regains AT282

(Alliance News) - Arecor Therapeutics PLC on Thursday said it transferred development activities for the ready-to-use injectable medicine AT307 to Hikma Pharmaceuticals PLC, and regained rights on AT282 after a product portfolio review.

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3 Jan 2023 17:31

FTSE 100 ends first trading day of 2023 on upbeat note

FTSE 100 up 1.4%, FTSE 250 adds 1.5%

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3 Jan 2023 09:25

Hikma launches version of Xyrem medicine in US for treating narcolepsy

(Alliance News) - Hikma Pharmaceuticals PLC on Tuesday said it launched an authorised generic version of the Xyrem sodium oxybate prescription medicine in the US for treating narcolepsy.

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3 Jan 2023 09:24

LONDON BROKER RATINGS: Citigroup cuts Wizz Air; Redburn likes CRH

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning, Monday and late Friday:

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3 Jan 2023 09:03

LONDON MARKET OPEN: Stocks jump in first session of 2023

(Alliance News) - Stock prices in London made a strong start to the new year on Tuesday, despite weak Chinese data and the UK suffering a fresh wave of rail strikes.

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3 Jan 2023 07:58

LONDON BRIEFING: Stocks called higher; China factory sector shrinks

(Alliance News) - Stocks in London are expected to start a new year on the front foot on Tuesday, after a mixed session in Asia amid weak Chinese economic data.

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3 Jan 2023 07:46

Hikma launches generic narcolepsy solution in US

(Sharecast News) - Hikma Pharmaceuticals has launched an authorised generic version of Jazz Pharmaceuticals' 'Xyrem 1', or sodium oxybate oral solution, it announced on Tuesday.

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8 Dec 2022 09:48

LONDON BROKER RATINGS: JPMorgan cuts Travis Perkins; BofA likes IAG

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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6 Dec 2022 10:48

RBC Capital Markets starts Hikma at 'outperform'

(Sharecast News) - RBC Capital Markets initiated coverage of Hikma Pharmaceuticals on Tuesday at 'outperform' with a 1,750p price target.

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6 Dec 2022 10:26

LONDON BROKER RATINGS: JPMorgan cuts Lloyds but raises Barclays

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

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15 Nov 2022 12:10

Credit Suisse initiates coverage of Hikma at 'outperform'

(Sharecast News) - Credit Suisse has initiated coverage of Hikma Pharmaceuticals with an 'outperform' rating.

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15 Nov 2022 09:58

LONDON BROKER RATINGS: Jefferies cuts Aston Martin to 'underperform'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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14 Nov 2022 09:25

LONDON BROKER RATINGS: Credit Suisse cuts Ferrexpo to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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8 Nov 2022 09:39

LONDON BROKER RATINGS: Peel cuts Persimmon; Liberum raises Hammerson

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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3 Nov 2022 11:17

Hikma Pharmaceuticals reiterates 2022 guidance as costs widen

(Alliance News) - Hikma Pharmaceuticals PLC on Thursday reiterated annual guidance for all three of its businesses, continuing to expect them to underperform against 2021 due to rising costs.

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