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AbbVie Inc has a consensus price target of $190.45 based on the ratings of 36 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 Leerink Partners, Wolfe Research, and JP Morgan on November 22, 2024, November 15, 2024, and November 13, 2024, respectively. With an average price target of $203.67 between Leerink Partners, Wolfe Research, and JP Morgan, there's an implied 14.08% 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 Leerink Partners on November 22, 2024. The analyst firm set a price target for $206.00 expecting ABBV to rise to within 12 months (a possible 15.39% upside). 51 analyst firms have reported ratings in the last year.
The latest analyst rating for AbbVie (NYSE:ABBV) was provided by Leerink Partners, and AbbVie upgraded their outperform rating.
The last upgrade for AbbVie Inc happened on November 22, 2024 when Leerink Partners raised their price target to $206. Leerink Partners previously had a market perform 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 22, 2024 so you should expect the next rating to be made available sometime around November 22, 2025.
While ratings are subjective and will change, the latest AbbVie (ABBV) rating was a upgraded with a price target of $0.00 to $206.00. The current price AbbVie (ABBV) is trading at is $178.53, which is within the analyst’s predicted range.
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