Target Price Raised For Express Scripts Holding Company (NASDAQ:ESRX)

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Dallas, Texas 04/04/2014 (FINANCIALSTRENDS) – With the latest news coming in, the Jefferies Group has raised the price target for Express Scripts Holding Company (NASDAQ:ESRX) from $84.00 to $86.00. Such a raise in the price target was mentioned in the research note that was issued to the investors on 31rst of March.

The trading for the shares of Express Scripts Holding Company (NASDAQ:ESRX) began at 75.09$  on 31rst March. The company experienced a 52 week high and low of $79.37 and 54.57$ respectively. The market capital for Express Scripts Holding Company (NASDAQ:ESRX) is estimated to be $58.27 billion. The company has a per equity ratio of 33.64.

Growth in the short interest for Express Scripts Holding Company (NASDAQ:ESRX)

There was a large amount of growth that was seen in the short interest in the month of January. Till March the short interest was calculated as 15,785,113 shares. Which means a growth of 15.5%  from the February 28th’s count of 13,672,403 shares. At present 2.0% of the shares of Express Scripts Holding Company (NASDAQ:ESRX) are sold short. This is calculated on the basis of an average daily volume of 5,324,874 shares.

Express Scripts Holding Company (NASDAQ:ESRX) : The announcement for the last earnings

The company recently announced their earnings results on 20th Feb, 2014. The announcement said that the equity per share for that particular quarter was $1.12 which was in line with the Thomson Reuters consensus forecast of $1.12. The company’s that particular quarter’s revenue was of $25.78 billion in comparison with the consensus estimate of $25.49 billion.

Views of the other analysts on Express Scripts Holding Company (NASDAQ:ESRX)

Analysts at Deutsche Bank have suggested a hold for the shares of Express Scripts Holding Company (NASDAQ:ESRX). The Deutsche Bank has in their research note said that they have decided a $79.00 price target for this stock. Barclays have initiated coverage on shares of Express Scripts Holding Company and have  set a high price target of  $85.00 for the stock.

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