Economy

AbbVie (ABBV) Given a $145.00 Price Target by Jefferies Group Analysts

AbbVie (ABBV) Given a $145.00 Price Target by Jefferies Group Analysts

Palisade Capital Management LLC NJ now owns 37,430 shares of the company's stock valued at $2,714,000 after buying an additional 655 shares in the last quarter. Sns Financial Group Llc who had been investing in Abbvie Inc for a number of months, seems to be less bullish one the $185.40 billion market cap company. About 5.29M shares traded.

AbbVie (NYSE:ABBV) opened at $114.72 on Monday. It has underperformed by 6.07% the S&P500.

Philip Hempleman decreased its stake in Servicenow Inc (NOW) by 7.5% based on its latest 2017Q3 regulatory filing with the SEC. Current trade price levels places ABBV's stock about -8.98% away from the 52-week high and closed 82.19% away from the 52-week low. (NASDAQ:AREX). The New York-based Edge Wealth Mgmt Ltd Liability Co has invested 0.04% in Approach Resources, Inc. Corporate insiders own 0.23% of the company's stock. About 900,174 shares traded. Seres Therapeutics, Inc. (NASDAQ:MCRB) has declined 64.58% since March 8, 2017 and is downtrending. It has outperformed by 25.67% the S&P500. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. Therefore 83% are positive. Seres Therapeutics Inc had 23 analyst reports since July 21, 2015 according to SRatingsIntel. The price earnings ratio (P/E) ratio helps investors analyze how much they should pay for a stock based on its current earnings. (NYSE:NOW) on Wednesday, February 14. As per Friday, December 16, the company rating was initiated by Macquarie Research. Citigroup upgraded it to " rating and $60 target in Monday, September 28 report. As per Friday, August 7, the company rating was maintained by RBC Capital Markets. BMO Capital Markets reiterated a "hold" rating and set a $84.00 price objective on shares of AbbVie in a research report on Tuesday, November 21st. 8,300 shares valued at $705,655 were sold by SALEKI-GERHARDT AZITA on Monday, September 11. The stock has "Buy" rating by J.P. Morgan on Thursday, June 22. As per Monday, July 17, the company rating was maintained by Jefferies.

Mairs & Power Inc increased Ishares Select Div (DVY) stake by 5,000 shares to 12,434 valued at $1.16 million in 2017Q3. It also reduced its holding in Kimberly (NYSE:KMB) by 5,038 shares in the quarter, leaving it with 167,270 shares, and cut its stake in Express Scripts Holding Co (NASDAQ:ESRX). Boston Rech And holds 2.4% in AbbVie Inc. During the same quarter in the prior year, the company earned $1.20 EPS. ABBV's profit will be $2.83 billion for 16.09 P/E if the $1.78 EPS becomes a reality.

AbbVie Inc. (NYSE:ABBV) reported its EPS in the last quarter as $1.48/Share beating the analyst estimate of $1.44/Share by a difference of $0.04.

Since September 11, 2017, it had 0 insider purchases, and 14 insider sales for $50.65 million activity. 1,625 shares were sold by Gano Kyle, worth $128,460 on Tuesday, January 16. MILLER JEFFREY A had sold 12,821 shares worth $2.08M.

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Institutions own 71.23% of AbbVie Inc. (NYSE:ABBV). Wealthtrust Fairport Limited Company holds 114,340 shares. Beaton Management Co. Inc. acquired a new stake in AbbVie in the second quarter valued at $528,000.

Investors sentiment decreased to 0.85 in Q3 2017. Its up 0.37, from 1.17 in 2017Q2.

A number of other large investors also recently modified their holdings of ABBV. 132 funds opened positions while 462 raised stakes. Northwestern Mutual Wealth Mgmt Com owns 115,456 shares or 0.07% of their USA portfolio. Gotham Asset Mgmt Ltd Company holds 0.02% or 48,033 shares in its portfolio. (NYSE:ABBV) shares were sold by ALBAN CARLOS. Reynders Mcveigh Capital Management Limited Co stated it has 39,359 shares or 0.46% of all its holdings. Clean Yield Group Inc stated it has 0.35% in AbbVie Inc. (NYSE:ABBV). Moreover, Pictet North America has 0.05% invested in AbbVie Inc. Renaissance Lc holds 0.09% or 637,070 shares. GONZALEZ RICHARD A sold 8,280 shares worth $976,084. Approach Resources had 24 analyst reports since July 21, 2015 according to SRatingsIntel. Needham maintained the stock with "Hold" rating in Monday, October 2 report. The rating was maintained by Piper Jaffray with "Buy" on Thursday, September 28. The rating was maintained by Goldman Sachs with "Buy" on Friday, March 10. On Wednesday, April 6 the stock rating was initiated by Societe Generale with "Sell". On Thursday, October 26 the stock rating was maintained by Canaccord Genuity with "Buy". (NYSE:ABBV) earned "Buy" rating by Jefferies on Thursday, January 4. As per Friday, August 25, the company rating was upgraded by Needham. The company was downgraded on Tuesday, July 28 by Argus Research.

Investors sentiment increased to 1.38 in 2017 Q3. Its up 0.41, from 1.25 in 2017Q2.

Rmb Capital Management Llc decreased Proshares Tr (NOBL) stake by 5,263 shares to 141,359 valued at $8.40 million in 2017Q3. The stock is now moving below its 20-Day Simple Moving Average of -0.33% with a 50-Day Simple Moving Average of 5.41 percent. Lafayette Investments Incorporated holds 0.15% or 4,624 shares in its portfolio. (NYSE:ABBV). Virginia Retirement Et Al invested in 362,900 shares. Natixis reported 110,286 shares. Renaissance Technology Limited Liability Co holds 0% of its portfolio in Huttig Building Products, Inc. Grandfield And Dodd Ltd Liability Corp holds 1.79% or 112,071 shares. 115,000 were accumulated by Rhenman And Prns Asset Management Ab. The current Portfolio Grader recommendation on the shares has been in place for 4 months. (NYSE:ABBV). De Burlo Group Incorporated invested in 0.7% or 35,675 shares. (NYSE:ABBV). Perella Weinberg Mngmt Limited Partnership holds 0.17% or 22,624 shares. Stonebridge Cap Advsrs Limited Liability reported 110,985 shares or 2.42% of all its holdings. Eqis holds 29,983 shares or 0.15% of its portfolio. Quantbot Tech Ltd Partnership accumulated 23,693 shares or 0.29% of the stock. Raymond James Tru Na reported 15,084 shares or 0.15% of all its holdings. (NYSE:ABBV) latest ratings and price target changes. Stack Mgmt has invested 2.38% in Stryker Corporation (NYSE:SYK). 3 analysts say it's a Hold while 1 analysts provided their expert opinion as Sell. It also increased its holding in Adtalem Global Ed Inc by 17,000 shares in the quarter, for a total of 142,047 shares, and has risen its stake in Viavi Solutions Inc.

Analysts await Stryker Corporation (NYSE:SYK) to report earnings on April, 24. They expect $-0.07 earnings per share, up 61.11% or $0.11 from last year's $-0.18 per share.


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