BioPharma Credit PLC

BPCP

GB00BDGKMY29

Closed End Funds

Market Closed - London S.E. Other stock markets 11:35:25 2024-04-26 am EDT			5-day change	1st Jan Change
0.878 ^USD	+0.23%		+0.23%	+4.52%

Apr. 24	BioPharma Credit, Unit to Loan up to $100 Million Each to US-based Tarsus Pharmaceuticals	MT
Apr. 24	BioPharma Credit to loan USD100 million to Tarsus Pharmaceuticals	AN

Jefferies cuts BioPharma Credit to 'hold'

February 07, 2024 at 03:52 am EST

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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FTSE 100

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JPMorgan cuts Vodafone price target to 80 (88) pence - 'neutral'

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FTSE 250

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Barclays raises Renishaw price target to 3,510 (2,920) pence - 'underweight'

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JPMorgan cuts Future price target to 1,530 (1,555) pence - 'overweight'

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SMALL CAP

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Jefferies cuts BioPharma Credit to 'hold' (buy)

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Jefferies raises CMC Markets price target to 127 (75) pence - 'underperform'

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RBC raises CMC Markets price target to 190 (150) pence - 'outperform'

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Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
CMC CORPORATION	44,650 VND	+0.11%	+7.46%	335M
FTSE MID 250 INDEX	19,824 PTS	+1.13%	+1.92%	-
BIST 100	9,916 PTS	+2.05%	+4.11%	-
FTSE 100	8,140 PTS	+0.75%	+3.09%	-
RENISHAW PLC	4,195 GBX	+3.20%	+3.97%	3.8B
S&P UNITED KINGDOM (PDS)	1,650 PTS	+0.76%	+3.55%	-
MSCI UNITED KINGDOM (STRD)	1,213 USD	+0.54%	+3.65%	-
FUTURE PLC	609 GBX	-1.06%	-1.77%	864M
CMC MARKETS PLC	274 GBX	+4.98%	+11.38%	953M
BARCLAYS PLC	204.4 GBX	+0.17%	+9.96%	38.15B
VODAFONE GROUP PLC	69.08 GBX	+0.12%	+3.10%	23.3B
BIOPHARMA CREDIT PLC	0.878 USD	+0.23%	+0.23%	1.08B

Latest news about BioPharma Credit PLC

BioPharma Credit, Unit to Loan up to $100 Million Each to US-based Tarsus Pharmaceuticals	Apr. 24	MT
BioPharma Credit to loan USD100 million to Tarsus Pharmaceuticals	Apr. 24	AN
BioPharma Credit PLC Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 27	CI
BioPharma Credit net asset value ticks up but total payout lower	Mar. 27	AN
BioPharma Credit Board, Investment Manager Propose Changes to Discount Control Mechanism	Mar. 27	MT
BioPharma Credit Logs Lower FY23 Net Income Return on Ordinary Activities	Mar. 27	MT
Tranche Update on BioPharma Credit PLC's Equity Buyback Plan announced on May 31, 2023.	Mar. 27	CI
Biopharma Credit plc Declares Interim Dividend in Respect of the Financial Period Ending 31 March 2024, Payable on 30 April 2024	Mar. 21	CI
BioPharma Credit gets USD50.6 million from Abbvie's ImmunoGen purchase	Feb. 13	AN
Biopharma Credit Secures $51 Million Loan Repayment from US Biotech ImmunoGen	Feb. 13	MT
BioPharma Credit PLC Declares Interim Special Dividend in Respect of the Financial Period Ending 31 December 2023, Payable on 15 March 2024	Feb. 08	CI
BioPharma Credit PLC Declares Ordinary Interim Dividend in Respect of the Financial Period Ending 31 December 2023, Payable on 15 March 2024	Feb. 08	CI
Jefferies Downgrades BioPharma Credit to Hold from Buy	Feb. 07	MT
Jefferies cuts BioPharma Credit to 'hold'	Feb. 07	AN
Barratt takes over Redrow in GBP2.5 billion deal	Feb. 07	AN
BioPharma Credit to receive partial prepayment of loan	Feb. 06	AN
BioPharma Credit to fund LumiraDx ahead of acquisition by Roche	Jan. 02	AN
BioPharma Credit notes loan agreement amendment by LumiraDx	Dec. 12	AN
BioPharma Credit notes AbbVie takeover of investee ImmunoGen	Dec. 01	AN
Biopharma Credit plc Declares Special Dividend in Respect of the Financial Period Ended 30 September 2023, Payable on 5 January 2024	Nov. 29	CI
BioPharma Credit PLC Declares Interim Dividend in Respect of the Financial Period Ended 30 September 2023, Payable on 5 January 2024	Nov. 29	CI
BioPharma Credit says liquidity covenant in loan deal waived	23-10-12	AN
BioPharma Credit PLC Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-28	CI
BioPharma Credit hails "attractive pipeline" and backs dividend target	23-09-27	AN
BioPharma Credit PLC Provides Dividend Guidance for the Full Year Ending December 31, 2023	23-09-27	CI

BioPharma Credit PLC is a United Kingdom-based closed-ended investment company. The principal activity of the Company is to invest in interest-bearing debt assets with a contractual right to future cash flows derived from royalties or sales of approved life sciences products. The Company's investment objective is to generate long-term shareholder returns, predominantly in the form of sustainable income distributions from exposure to the life sciences industry. The Company seeks to achieve its investment objective predominantly through direct or indirect exposure to debt assets, which include royalty investments, senior secured debt, unsecured debt and credit linked notes. Its diversified portfolio is primarily secured by cash flows derived from sales of approved life sciences products. The Company holds a majority of its investments through its financing subsidiary, BPCR Limited Partnership. Its investment manager is Pharmakon Advisors L.P.

Sector

Closed End Funds

Calendar

2024-06-12 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.878

Average target price

Consensus

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