AbbVie Inc. (NYSE:ABBV) ABR At 1.81

The different research groups’ active in the market deploys their terminology for giving their Buy/Sell recommendations. Investors not accustomed with a particular broker could find the buy/sell recommendations tough to interpret. To solve this problem, Zacks lists an analyst brokerage rating on a 1 to 5 sliding scale. If the rating is one, it is stated as buy recommendation, while five is known as Strong Sell.

Brokerages maintain a strong outlook on AbbVie Inc. (NYSE:ABBV) shares. Based on the Zacks poll results, as of 2016-04-16, the stock has an ABR of 1.81 rating. This number highlights the scoring on a 1 to 5 scale, where 1 implies Strong Buy and 5 indicates a Strong Sell. Zacks included as many as 12 sell-side firms in its poll.

Technical Analysis is the thorough study of supply and demand in the market. It is done by comparing the stock price movements and the number of shares traded. Understanding the price movement about the High, Open, Low and Closing Prices of stock on a given minute, hour, month, day, or week and comparing with volume offers an insight of future market direction.

Analysts give price targets by technical analysis. It can be defined as a projected price level by an investment analyst. An estimate that, if achieved, results in a trader knowing the best possible outcome for investments. It is the looked on the level at which the trader would book profits in existing position.

The brokerages have a one-year mean price target of $72.75 for AbbVie Inc. (NYSE:ABBV) stock while the median stock price estimate is $75.5. The highest price estimate is $85 while the lowest price target is $47. The standard deviation of given estimates is 10.037.

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