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Do Analysts Expect Amgen Inc (AMGN) Stock to Rise After It Has Fallen -2.67% in a Month?

Monday, March 25, 2024 02:52 PM | InvestorsObserver Analysts

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Do Analysts Expect Amgen Inc (AMGN) Stock to Rise After It Has Fallen -2.67% in a Month?

Analysts who follow Amgen Inc (AMGN) on average expect it to increase 11.19% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns AMGN an Analyst Ranking of 33, which means it ranks higher than 33 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.9
Wall Street analysts are rating AMGN a Buy today. Find out what this means to you and get the rest of the rankings on AMGN!

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 Amgen Inc Stock Today?

Amgen Inc (AMGN) stock has risen 0.92% while the S&P 500 has fallen -0.14% as of 2:44 PM on Monday, Mar 25. AMGN is up $2.55 from the previous closing price of $276.17 on volume of 1,141,094 shares. Over the past year the S&P 500 is up 31.41% while AMGN is up 17.72%. AMGN earned $12.49 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 22.31. Click Here to get the full Stock Report for Amgen Inc stock.

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