Canaccord Genuity analyst Elyse Shapiro maintained a Buy rating on Mayne Pharma Group Limited (MAYNF – Research Report) on December 1 and set a price target of A$0.37. The company’s shares closed today at $0.14.
According to TipRanks, Shapiro is a 2-star analyst with an average return of -2.1% and a 33.33% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mayne Pharma Group Limited with a $0.31 average price target.
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Based on Mayne Pharma Group Limited’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $0. In comparison, last year the company had a net profit of $0
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Mayne Pharma Group Ltd. engages in the development and manufacture of proprietary and generic products. It operates through the following segments: Generic Products, Specialty Brands, Metrics Contract Services, and Mayne Pharma International. The Generic Products segment involves in the manufacture and distribution of generic and branded pharmaceutical products. The Metrics Contract Services segment provides contract pharmaceutical services. The Specialty brands segments includes the distribution of branded pharmaceutical products. The Mayne Pharma International segment offers manufacturing and selling of branded and generic pharmaceutical products and provides contract manufacturing services to third party customers within Australia. The company was founded in 1845 and is headquartered in Salisbury, Australia.
