A.J. Rice analyst at Credit Suisse reiterates coverage on AmerisourceBergen (ABC) in the healthtech stock sector with a Buy rating. TipRanks.com has Rice rated as a 4.8 star analyst with a 62% return on investment and a 11.8% success rate. Rice has set a price target of $ 175.
TipRanks.com reports that AmerisourceBergen stock currently has 10 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $171.67. The target pricing ranges from a high forecast of $187.00 down to a low forecast of $150.00. AmerisourceBergen (ABC) stock's last closing price was $139.27 which would put the average price target at 23.26% upside.
In addition, TradingView.com issued a Strong Sell rating for ABC over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on ABC's stock.
Other analysts covering ABC stock include:
- David Toung of Argus Research issued a Buy rating with the price target of $ 170 on 2 weeks ago
- Eric Coldwell of Robert W. Baird issued a Buy rating with the price target of $ 187 on 3 weeks ago
- Elizabeth Anderson CFA of Evercore ISI issued a Hold rating with the price target of $ 150 on 3 weeks ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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