ASTELLAS PHARMA/ADR (ALPMY) Cut to Hold at Deutsche Bank

Deutsche Bank downgraded shares of ASTELLAS PHARMA/ADR (OTCMKTS:ALPMY) from a buy rating to a hold rating in a report issued on Thursday, The Fly reports.

Separately, Goldman Sachs Group lowered ASTELLAS PHARMA/ADR from a buy rating to a neutral rating in a research report on Friday, June 8th.

OTCMKTS:ALPMY opened at $16.81 on Thursday. ASTELLAS PHARMA/ADR has a 12-month low of $12.34 and a 12-month high of $17.28. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.59 and a current ratio of 1.93. The firm has a market capitalization of $33.50 billion, a PE ratio of 21.97 and a beta of 0.37.

ASTELLAS PHARMA/ADR Company Profile

Astellas Pharma Inc, a pharmaceutical company, manufactures, markets, and imports and exports pharmaceutical products worldwide. The company offers Prograf and Advagraf/Graceptor/ASTAGRAF XL/Prograf XL, an immunosuppressant used to suppress organ transplant rejection; Vesicare, a treatment for overactive bladder; Harnal/Omnic, a blocking agent to treat the functional symptoms of benign prostatic hyperplasia; and Funguard/MYCAMIN, a candin-type antifungal agent.

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