Should You Buy Perrigo Company PLC (PRGO) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Perrigo Company PLC (PRGO) is not a strong buy at the moment for a beginner investor with a long-term strategy. The stock faces significant negative catalysts, including declining financial performance, legal challenges, and mixed analyst sentiment. While insider buying is a positive signal, it does not outweigh the broader uncertainties and weak fundamentals. A hold strategy is recommended until more clarity emerges on the company's recovery and performance.
Technical Analysis
The technical indicators show a neutral trend. The MACD is slightly positive, but contracting, suggesting weakening momentum. RSI is in the neutral zone at 44.345, and moving averages are converging, indicating no clear directional trend. The stock is trading near its support level (S1: 14.393), with resistance at R1: 15.306.