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AbbVie Inc has a consensus price target of $189.93 based on the ratings of 35 analysts. The high is $225 issued by TD Cowen on October 7, 2024. The low is $133 issued by CFRA on February 9, 2023. The 3 most-recent analyst ratings were released by Wolfe Research, JP Morgan, and Citigroup on November 15, 2024, November 13, 2024, and November 12, 2024, respectively. With an average price target of $206.67 between Wolfe Research, JP Morgan, and Citigroup, there's an implied 23.25% upside for AbbVie Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for AbbVie (NYSE:ABBV) was reported by Wolfe Research on November 15, 2024. The analyst firm set a price target for $205.00 expecting ABBV to rise to within 12 months (a possible 22.26% upside). 50 analyst firms have reported ratings in the last year.
The latest analyst rating for AbbVie (NYSE:ABBV) was provided by Wolfe Research, and AbbVie initiated their outperform rating.
The last upgrade for AbbVie Inc happened on November 4, 2024 when Argus Research raised their price target to N/A. Argus Research previously had a hold for AbbVie Inc.
The last downgrade for AbbVie Inc happened on December 18, 2023 when HSBC changed their price target from $167 to $156 for AbbVie Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of AbbVie, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for AbbVie was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.
While ratings are subjective and will change, the latest AbbVie (ABBV) rating was a initiated with a price target of $0.00 to $205.00. The current price AbbVie (ABBV) is trading at is $167.68, which is within the analyst’s predicted range.
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