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Abbott Laboratories (ABT)

(Delayed Data from NYSE)

$116.59 USD

116.59
5,424,076

+1.29 (1.12%)

Updated Nov 8, 2024 04:00 PM ET

After-Market: $116.69 +0.10 (0.09%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value D Growth B Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 31% (79 out of 251)

Industry: Medical - Products

Abbott (ABT) Price Targets

Average Price Target Highest Price Target Lowest Price Target Upside to Average Price Target
$132.59 $149.00 $117.00 15.00%

Price Target

Based on short-term price targets offered by 22 analysts, the average price target for Abbott comes to $132.59. The forecasts range from a low of $117.00 to a high of $149.00. The average price target represents an increase of 15% from the last closing price of $115.30.

Analyst Price Targets (22)

Last Close 115.30
Average 132.59 15.00% Upside Low 117.00 1.47% Upside High 149.00 29.23% Upside

Broker Rating

Abbott currently has an average brokerage recommendation (ABR) of 1.58 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 24 brokerage firms. The current ABR compares to an ABR of 1.58 a month ago based on 24 recommendations.

Of the 24 recommendations deriving the current ABR, 16 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 66.67% and 8.33% of all recommendations. A month ago, Strong Buy made up 66.67%, while Buy represented 8.33%.

Broker Rating Breakdown

Broker Rating Visualization

Brokerage Recommendations

Today 1 Week Ago 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 16 16 16 14 14
Buy 2 2 2 2 2
Hold 6 6 6 5 5
Sell 0 0 0 0 0
Strong Sell 0 0 0 0 0
ABR 1.58 1.58 1.58 1.57 1.57

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Analyst Upgrades/Downgrades

Date Brokerage Firm Analyst Previous Current
11/5/2024 Not Identified Not Identified Strong Buy Strong Buy
10/17/2024 Not Identified Not Identified Strong Buy Strong Buy
10/17/2024 Cowen & Co. Joshua T Jennings Strong Buy Strong Buy
10/17/2024 UBS Danielle Antalffy Strong Buy Strong Buy
10/17/2024 Atlantic Equities Issie Kirby Hold Hold
10/17/2024 Goldman Sachs David H Roman Strong Buy Strong Buy
10/17/2024 Not Identified Not Identified Strong Buy Strong Buy
10/14/2024 Raymond James Jayson T Bedford Moderate Buy Moderate Buy
10/8/2024 Not Identified Not Identified Not Available Strong Buy
10/8/2024 Not Identified Not Identified Moderate Buy Moderate Buy
10/1/2024 Evercore Partners Vijay Kumar Strong Buy Strong Buy
9/29/2024 Not Identified Not Identified Hold Hold
9/24/2024 BTIG Marie Thibault Strong Buy Strong Buy
9/19/2024 Piper Sandler Adam C Maeder Not Available Strong Buy
9/15/2024 Wells Fargo Securities Lawrence H Biegelsen Strong Buy Strong Buy
9/2/2024 Not Identified Not Identified Hold Hold
8/26/2024 Mizuho SecuritiesUSA Anthony Petrone Hold Hold
8/22/2024 Not Identified Not Identified Strong Buy Strong Buy
7/30/2024 Edward D. Jones & Company John Boylan Hold Hold
7/24/2024 Daiwa America Narumi Nakagiri Not Available Strong Buy
7/19/2024 William Blair Margaret K Andrew Strong Buy Strong Buy

1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.

2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.

Average Brokerage Rating

Current ABR

Zacks provides the average brokerage recommendation (ABR) for thousands of stocks for most of the leading investment web sties. The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc) made by the brokerage firms for a given stock.

ABR vs Zacks Rank

1.58
ABR (Last week) 1.58
# of Recs in ABR 24
Average Target Price $132.59
LT Growth Rate 9.10%
Industry Medical - Products
Industry Rank by ABR 79 of 252
Current Quarter EPS Est: 1.34

ABT FAQs

Abbott Laboratories (ABT) currently has an average brokerage recommendation (ABR) of 1.58 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 24 brokerage firms.

The average price target for Abbott Laboratories (ABT) is $132.59. The current on short-term price targets is based on 10 reports.

The forecasts for Abbott Laboratories (ABT) range from a low of $117 to a high of $149. The average price target represents a increase of $15.00 from the last closing price of $115.30.

The current UPSIDE for Abbott Laboratories (ABT) is 15.00%

Based on short-term price targets offered by 22 analysts, the average price target for Abbott comes to $132.59. The forecasts range from a low of $117.00 to a high of $149.00. The average price target represents an increase of 15% from the last closing price of $115.30.