Galen attracting attention as brokers issue tip

Galen Pharmaceuticals, a stock recently tipped as a good buy in this column, is attracting even greater attention, with brokers…

Galen Pharmaceuticals, a stock recently tipped as a good buy in this column, is attracting even greater attention, with brokers upgrading their long-term forecasts.

Riada has this week revised its forecasts strongly ahead for the next two years issuing a buy recommendation at the 337p level. The company has reported much stronger than expected full-year results and the shares are trading at the low-end of broker's forecasts.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective