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Charles River Labs (CRL) was downgraded to a Hold Rating at Goldman Sachs

Charles River Labs (CRL) was downgraded to a Hold Rating at Goldman Sachs

Charles River Labs (CRLResearch Report) received a Hold rating and price target from Goldman Sachs analyst Matthew Sykes today. The company’s shares closed yesterday at $165.35.

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According to TipRanks, Sykes is a 4-star analyst with an average return of 5.3% and a 49.17% success rate. Sykes covers the Healthcare sector, focusing on stocks such as Danaher, Charles River Labs, and Pacific Biosciences.

Charles River Labs has an analyst consensus of Hold, with a price target consensus of $177.62.

CRL market cap is currently $9.05B and has a P/E ratio of 677.89.

Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CRL in relation to earlier this year. Last month, Joseph W LaPlume, the EVP, Corp Strategy & Develop of CRL sold 4,400.00 shares for a total of $715,000.00.

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