Is AbbVie Stock a Buy Now?
Pharmaceutical company (NYSE: ABBV) has been a double-deal of price growth and dividend income over the past five years. It achieved 129% in total returns in that time, outpacing the S 500.
The company is transitioning after losing patent protection for its top-selling drug Humira, which drove the years of growth that benefited shareholders. AbbVie has shown encouraging signs, but the stock has been flat over the past year.
Is AbbVie poised to regain its spark, or is the stock's epic run ending?
Source Fool.com
AbbVie Inc. Stock
The stock is an absolute favorite of our community with 21 Buy predictions and no Sell predictions.
As a result the target price of 174 € shows a slightly positive potential of 14.34% compared to the current price of 152.18 € for AbbVie Inc..