What Will Happen to GW Pharmaceuticals plc (GWPH) Next? The Stock Just Increased A Lot

December 7, 2017 - By Stephen Andrade

The stock of GW Pharmaceuticals plc (NASDAQ:GWPH) is a huge mover today! The stock increased 7.73% or $8.97 during the last trading session, reaching $124.97. About 1.22 million shares traded or 223.85% up from the average. GW Pharmaceuticals plc (NASDAQ:GWPH) has risen 31.90% since December 7, 2016 and is uptrending. It has outperformed by 15.20% the S&P500.
The move comes after 9 months positive chart setup for the $3.17 billion company. It was reported on Dec, 7 by Barchart.com. We have $131.22 PT which if reached, will make NASDAQ:GWPH worth $158.50 million more.

GW Pharmaceuticals plc (NASDAQ:GWPH) Ratings Coverage

Among 13 analysts covering GW Pharmaceuticals (NASDAQ:GWPH), 11 have Buy rating, 1 Sell and 1 Hold. Therefore 85% are positive. GW Pharmaceuticals had 22 analyst reports since August 13, 2015 according to SRatingsIntel. The stock of GW Pharmaceuticals plc (NASDAQ:GWPH) has “Buy” rating given on Tuesday, November 14 by Bank of America. The stock has “Buy” rating by Evercore on Wednesday, August 16. The company was maintained on Monday, October 2 by Leerink Swann. The stock of GW Pharmaceuticals plc (NASDAQ:GWPH) has “Buy” rating given on Thursday, June 8 by Maxim Group. The rating was maintained by Maxim Group on Monday, August 7 with “Buy”. The rating was maintained by Cowen & Co on Thursday, October 26 with “Buy”. Cowen & Co maintained the stock with “Buy” rating in Monday, September 25 report. As per Friday, August 26, the company rating was upgraded by Numis Securities. As per Monday, November 30, the company rating was initiated by Roth Capital. The stock has “Buy” rating by Roth Capital on Monday, March 14.

More notable recent GW Pharmaceuticals plc (NASDAQ:GWPH) news were published by: Investorplace.com which released: “Get Long GW Pharmaceuticals PLC- ADR (GWPH) Stock for Free” on July 12, 2017, also Investorplace.com with their article: “GW Pharmaceuticals PLC- ADR (GWPH) Stock Is High-Risk, High Reward” published on August 18, 2017, Investorplace.com published: “Get Long GW Pharmaceuticals PLC- ADR for Free” on December 04, 2017. More interesting news about GW Pharmaceuticals plc (NASDAQ:GWPH) were released by: Benzinga.com and their article: “Is GW Pharma Now The Future Of Cannabis-Based Drugs?” published on August 08, 2017 as well as Investorplace.com‘s news article titled: “GW Pharmaceuticals PLC- ADR (GWPH) Stock Is Just Getting Started” with publication date: December 06, 2016.

GW Pharmaceuticals plc, a biopharmaceutical company, engages in discovering, developing, and commercializing cannabinoid prescription medicines using botanical extracts derived from the Cannabis plant. The company has market cap of $3.17 billion. It operates through three divisions: Commercial, Sativex Research and Development, and Pipeline Research and Development. It currently has negative earnings. The firm markets Sativex, an oromucosal spray for the treatment of spasticity due to multiple sclerosis.

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