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There is some vague chatter on Wall Street today about Cephalon
CEPH possibly being the target of a takeover. The suitors that have been mentioned in the past include Pfizer
PFE and in particular Takeda Pharmaceutical.
Cephalon (
CEPH) is trading well off of its lows for the day, but remains in negative territory. Currently the shares have shed 0.81% and are exchanging hands for $60.28. Even if an offer does not materialize, CEPH looks rather cheap at less than 8 times forward earnings and a PEG ratio of 0.83.
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