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Analyst Rating: Will AbbVie Inc (ABBV) Stock Do Better Than the Market?

Thursday, March 28, 2024 11:25 AM | InvestorsObserver Analysts

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Analyst Rating: Will AbbVie Inc (ABBV) Stock Do Better Than the Market?

Wall Street is positive on AbbVie Inc (ABBV). On average, analysts give AbbVie Inc a Strong Buy rating. The average price target is $179.294, which means analysts expect the stock to decline by -1.12% over the next twelve months. That average ranking earns AbbVie Inc an Analyst Rating of 44, which is better than 44% of stocks based on data compiled by InvestorsObserver.

Overall Score - 4.1
Wall Street analysts are rating ABBV a Strong Buy today. Find out what this means to you and get the rest of the rankings on ABBV!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With AbbVie Inc Stock Today?

AbbVie Inc (ABBV) stock is trading at $181.33 as of 11:17 AM on Thursday, Mar 28, an increase of $0.98, or 0.54% from the previous closing price of $180.35. The stock has traded between $180.30 and $181.38 so far today. Volume today is light. So far 688,538 shares have traded compared to average volume of 5,781,679 shares. Click Here to get the full Stock Report for AbbVie Inc stock.

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