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AbbVie Price Target & Analyst Ratings (NYSE:ABBV)

-0.89 (-1.00 %)
(As of 12/13/2019 04:00 PM ET)
Today's Range
Now: $87.84
50-Day Range
MA: $84.94
52-Week Range
Now: $87.84
Volume5.97 million shs
Average Volume6.73 million shs
Market Capitalization$129.90 billion
P/E Ratio11.10
Dividend Yield4.94%

Analyst Ratings

AbbVie (NYSE:ABBV) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
14 Wall Street analysts have issued ratings and price targets for AbbVie in the last 12 months. Their average twelve-month price target is $85.78, suggesting that the stock has a possible downside of 2.34%. The high price target for ABBV is $98.00 and the low price target for ABBV is $66.61. There are currently 1 sell rating, 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.432.432.272.13
Ratings Breakdown: 1 Sell Rating(s)
6 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
6 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
7 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
9 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $85.78$83.51$90.47$98.23
Price Target Upside: 2.34% downside2.15% upside30.19% upside22.70% upside

AbbVie (NYSE:ABBV) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

AbbVie (NYSE:ABBV) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/20/2019CitigroupBoost Price TargetBuy$90.00 ➝ $98.00Medium
11/19/2019UBS GroupBoost Price TargetBuy$79.00 ➝ $96.00High
11/1/2019Piper Jaffray CompaniesBoost Price Target$81.00 ➝ $90.00High
9/24/2019CowenSet Price TargetBuy$90.00Low
7/2/2019Leerink SwannUpgradeBuyLow
6/27/2019Wolfe ResearchUpgradeUnderperform ➝ Peer PerformMedium
6/26/2019Svb LeerinkUpgradeMarket Perform ➝ Outperform$88.00High
5/28/2019Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$84.00High
4/28/2019BMO Capital MarketsUpgradeUnderperform ➝ Market Perform$71.00 ➝ $79.00Low
4/26/2019Credit Suisse GroupSet Price TargetSell$78.00Low
3/25/2019ArgusDowngradeBuy ➝ HoldLow
2/14/2019BarclaysReiterated RatingHold$86.00Low
1/3/2019Bank of AmericaDowngradeBuy ➝ NeutralMedium
12/26/2018Standpoint ResearchInitiated CoverageBuy ➝ BuyHigh
12/20/2018Morgan StanleySet Price TargetHold$88.00High
10/22/2018SunTrust BanksLower Price TargetBuy ➝ Buy$157.00 ➝ $135.00High
7/15/2018Jefferies Financial GroupSet Price TargetBuy$100.00Low
7/12/2018Berenberg BankInitiated CoverageHold$105.00Low
5/30/2018Deutsche BankDowngradeNeutral ➝ Underperform$125.86 ➝ $65.61Medium
1/29/2018Evercore ISIReiterated RatingBuy$144.00Low
(Data available from 12/14/2017 forward)
This page was last updated on 12/14/2019 by MarketBeat.com Staff

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