Geoff Meacham analyst at Bank of America Securities reiterates coverage on AbbVie (ABBV) in the Healthcare sector with a Hold rating. TipRanks.com has Meacham rated as a 3.8 star analyst with a 53% return on investment and a 3.2% success rate. Meacham has set a price target of $156.
TipRanks.com reports that AbbVie currently has 17 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $164.59. The target pricing ranges from a high forecast of $200.00 down to a low forecast of $135.00. AbbVie (ABBV)’s last closing price was $143.45 which would put the average price target at 14.74% upside.
In addition, TradingView issued a Sell rating for ABBV over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on ABBV.
Other analysts covering ABBV include:
- Gary Nachman of BMO Capital issued a Buy rating with the price target of $ 172 on 17 hours ago
- David Risinger of SVB Securities issued a Sell rating with the price target of $ 140 on 4 weeks ago
- Luisa Hector of Berenberg Bank issued a Hold rating with the price target of $ 135 on 1 month ago
- Narumi Nakagiri of Daiwa issued a Hold rating with the price target of $ 150 on 1 month ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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