Alexion: Investment Thesis
Indicative future rates of return from an investment in Alexion (ALXN) shares at the current share price level are in the region of 8% to 9% per year, based on analysts' consensus estimates, and provided the P/E multiple remains around current level. But there is a very wide range between analysts' low and high EPS estimates, indicating a high level of uncertainty. Greater uncertainty translates to greater risk. Mainly for that reason, it is considered the potential returns are not adequate for the degree of risk involved, buying at the