Abbott Laboratories which can be found using ticker (ABT) now have 24 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $149.00 and $104.00 calculating the mean target share price we have $129.66. (at the time of writing). Now with the previous closing price of $115.74 this would imply there is now a potential upside of 12.0%. It’s also worth noting that there is a 50 day moving average of $115.49 and the 200 moving average now moves to $110.72. The total market capitalization for the company now stands at 199.51B. Currently the stock stands at: $115.03 USD
The potential market cap would be $223,506,903,345 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 34.96, revenue per share of $23.68 and a 6.49% return on assets.
Abbott Laboratories is engaged in the discovery, development, manufacture, and sale of a diversified line of health care products. The Company operates through four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. Its Established Pharmaceutical Products segment includes gastroenterology products, women’s health products, cardiovascular and metabolic products, pain and central nervous system products and respiratory drugs and vaccines. Its Diagnostic Products segment includes core laboratory systems in the areas of immunoassay, clinical chemistry, hematology, and transfusion medicine; molecular diagnostics polymerase chain reaction (PCR) instrument systems; point of care systems; rapid diagnostics lateral flow testing products, and informatics and automation solutions. Its Nutritional Products segment includes various forms of infant formula and follow-on formula, adult and other pediatric nutritional products and others.
