Analysts Set Sucampo Pharmaceuticals, Inc. (SCMP) Target Price at $20.00

Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP) has been given an average rating of “Buy” by the fifteen brokerages that are currently covering the firm, MarketBeat reports. Eight research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $20.00.

Several equities research analysts have recently commented on the stock. BidaskClub cut shares of Sucampo Pharmaceuticals from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Zacks Investment Research cut shares of Sucampo Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Friday, February 9th. ValuEngine raised shares of Sucampo Pharmaceuticals from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 2nd. Nomura reissued a “neutral” rating and set a $18.00 price target on shares of Sucampo Pharmaceuticals in a research report on Friday, January 26th. Finally, UBS Group cut shares of Sucampo Pharmaceuticals from a “buy” rating to a “neutral” rating and set a $18.00 price target for the company. in a research report on Friday, January 5th.

Sucampo Pharmaceuticals (NASDAQ SCMP) remained flat at $$18.00 during trading hours on Wednesday. The stock had a trading volume of 303,068 shares, compared to its average volume of 2,770,000. Sucampo Pharmaceuticals has a 52 week low of $9.30 and a 52 week high of $18.75. The company has a debt-to-equity ratio of 7.37, a quick ratio of 4.46 and a current ratio of 5.11. The stock has a market capitalization of $839.46, a PE ratio of -5.37, a PEG ratio of 5.06 and a beta of 1.38.

In related news, insider Peter A. Kiener sold 50,000 shares of Sucampo Pharmaceuticals stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $16.50, for a total transaction of $825,000.00. Following the completion of the transaction, the insider now directly owns 52,023 shares of the company’s stock, valued at approximately $858,379.50. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 4.13% of the company’s stock.

Large investors have recently added to or reduced their stakes in the business. FDx Advisors Inc. bought a new stake in Sucampo Pharmaceuticals during the 4th quarter valued at about $180,000. Trexquant Investment LP bought a new stake in Sucampo Pharmaceuticals during the 3rd quarter valued at about $122,000. UBS Asset Management Americas Inc. bought a new stake in Sucampo Pharmaceuticals during the 4th quarter valued at about $192,000. Nine Chapters Capital Management LLC bought a new stake in Sucampo Pharmaceuticals during the 3rd quarter valued at about $127,000. Finally, JPMorgan Chase & Co. bought a new stake in Sucampo Pharmaceuticals during the 2nd quarter valued at about $117,000. Institutional investors and hedge funds own 67.09% of the company’s stock.

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Sucampo Pharmaceuticals Company Profile

Sucampo Pharmaceuticals, Inc is a biopharmaceutical company. The Company is focused on the development and commercialization of pharmaceutical products. Its primary focus areas are gastroenterology, ophthalmology and oncology-related disorders. Its product candidates include VTS-270, Lubiprostone (AMITIZA), Unoprostone is opropyl (RESCULA) and CPP-1X/sulindac combination product.

Analyst Recommendations for Sucampo Pharmaceuticals (NASDAQ:SCMP)

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