Roche Holding AG (OTCMKTS:RHHBY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Roche Holding AG (OTCMKTS:RHHBY) have been given a consensus rating of “Moderate Buy” by the seven analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, one has assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

Several brokerages have commented on RHHBY. HSBC downgraded Roche from a “buy” rating to a “hold” rating in a research note on Monday, April 28th. Hsbc Global Res cut Roche from a “strong-buy” rating to a “hold” rating in a report on Monday, April 28th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Fulton Bank N.A. raised its holdings in Roche by 2.6% during the first quarter. Fulton Bank N.A. now owns 12,620 shares of the company’s stock valued at $518,000 after acquiring an additional 314 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Roche by 2.0% in the first quarter. PNC Financial Services Group Inc. now owns 16,234 shares of the company’s stock worth $668,000 after purchasing an additional 323 shares during the last quarter. Everett Harris & Co. CA increased its holdings in shares of Roche by 3.5% in the second quarter. Everett Harris & Co. CA now owns 11,190 shares of the company’s stock worth $456,000 after purchasing an additional 381 shares during the last quarter. Confluence Investment Management LLC increased its holdings in shares of Roche by 3.6% in the first quarter. Confluence Investment Management LLC now owns 14,491 shares of the company’s stock worth $596,000 after purchasing an additional 510 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its holdings in shares of Roche by 81.2% in the second quarter. First Horizon Advisors Inc. now owns 1,843 shares of the company’s stock worth $75,000 after purchasing an additional 826 shares during the last quarter.

Roche Stock Down 1.0%

Shares of RHHBY opened at $38.23 on Friday. Roche has a 1 year low of $34.10 and a 1 year high of $44.31. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.20 and a current ratio of 1.48. The stock’s fifty day moving average price is $40.29 and its two-hundred day moving average price is $40.28.

Roche Company Profile

Roche Holding AG engages in the pharmaceuticals and diagnostics businesses in Europe, North America, Latin America, Asia, Africa, Australia, and Oceania. The company offers pharmaceutical products in the therapeutic areas of anemia, blood and solid tumors, dermatology, hemophilia, inflammatory and autoimmune, neurological disorders, ophthalmology, respiratory disorders, and transplantation.