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JPMorgan Chase Weighs In on Emergent Biosolutions

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Research analysts at JPMorgan Chase & Co. began coverage of shares of Emergent Biosolutions (NYSE:EBS) in a report issued on Friday, setting an 'underweight' rating for the biopharmaceutical company's stock.

This is not the first time EBS has received a rating from analysts: HC Wainwright dropped their price target to $10.00 and set a 'buy' rating in a research report on Monday, August 10th; Zacks Research upgraded EBS to a 'hold' rating in a report on Tuesday, August 11th.

According to MarketBeat, three equities research analysts have assigned a 'Buy' rating to the company's stock, one has given it a 'Hold', and two have issued a 'Sell' rating. The average rating is currently 'Hold' with a consensus target price of $10.00.

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