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Panmure Liberum raises Hikma Pharmaceuticals target price to 1,900p after strong H1 results

Analyst Insights
04 Sep 2026
Proactive Investors
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Bullish
Panmure Liberum raises Hikma Pharmaceuticals target price to 1,900p after strong H1 results

Panmure Liberum has increased its target price for Hikma Pharmaceuticals from 1,600p to 1,900p following the company's strong first-half results, which exceeded expectations. The broker noted that the positive interim results support further share price upside, contingent on Hikma meeting its full-year 2026 financial forecasts. While earnings forecasts were slightly raised, broader projections remain aligned with market consensus. The broker also highlighted the importance of Hikma's increased research and development investment translating into more predictable earnings to sustain the stock's rerating.

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