AbbVie Inc. Share Price Target ‘$197.33’, now .2% Upside Potential

Broker Ratings
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AbbVie Inc. with ticker code (ABBV) have now 25 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $218.00 and $170.00 with the average share target price sitting at $197.33. (at the time of writing). Now with the previous closing price of $197.01 this indicates there is a potential upside of .2%. The day 50 moving average is $183.04 and the 200 moving average now moves to $169.34. The total market capitalization for the company now stands at 340.66B. The current share price for the company is: $192.86 USD

The potential market cap would be $341,209,646,896 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 64.5, revenue per share of $31.10 and a 7.94% return on assets.

AbbVie Inc. (AbbVie) is a diversified research-based biopharmaceutical company. The Company is engaged in the research and development, manufacturing, commercialization and sale of medicines and therapies. It offers products in various therapeutic categories, including immunology products, which include Humira, Skyrizi and Rinvoq; oncology products, which include Imbruvica and Venclexta/Venclyxto; aesthetics products that include Botox Cosmetic, The Juvederm Collection of Fillers and others; neuroscience products, such as Botox Therapeutic, Vraylar, Duopa and Duodopa, and Ubrelvy; eye care products, which consists of Lumigan/Ganfort, Alphagan/Combigan and Restasis, and other key products, which include Mavyret/Maviret, Creon, Lupron, Linzess/Constella and Synthroid. Its products are sold to wholesalers, distributors, government agencies, health care facilities, specialty pharmacies, and independent retailers from the AbbVie-owned distribution centers and public warehouses.

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