Zacks Investment Research raised shares of Abbott Laboratories from a "hold" rating to a "buy" rating and set a $61.00 price target for the company in a research note on Tuesday. Stockholders of record on Friday, October 13th will be issued a $0.265 dividend. Sep 14, 2017 is the announcement. After a recent spot-check, the stock has touched $54.54 which represents a change from the open of -1.21%.
On October 18, 2017, Abbott Laboratories (ABT) will release its 3Q17 earnings results. It has underperformed by 27.05% the S&P500.
Thomaspartners Inc decreased its stake in Abbott Labs (ABT) by 4.1% based on its latest 2017Q2 regulatory filing with the SEC. After a recent check, it is observed that the insiders for the firm now own 0.50% shares. Abbott Laboratories now has $94.87B valuation. The stock increased 1.34% or $0.56 during the last trading session, reaching $42.42. About shares traded. Rockwell Collins, Inc. Banco Bradesco SA (ADR) (NYSE:BBD) has risen 43.32% since October 12, 2016 and is uptrending. It has underperformed by 12.52% the S&P500.
Abbott Laboratories (NYSE:ABT) has been given an average recommendation of "Buy" by the eighteen analysts that are covering the stock, MarketBeat Ratings reports. Therefore 58% are positive. Abbott Laboratories's revenue for the quarter was up 24.5% on a year-over-year basis. On Friday, January 29 the stock rating was maintained by RBC Capital Markets with "Outperform".
The current ratio for Abbott Laboratories (NYSE:ABT) shows a rate of 2.9 with its quick ratio of 2.4. The rating was downgraded by BMO Capital Markets to "Market Perform" on Tuesday, March 14. The rating was maintained by Cowen & Co on Monday, April 17 with "Buy". Abbott Laboratories has an average rating of "Buy" and an average price target of $54.94. The firm has "Buy" rating given on Thursday, September 28 by Wells Fargo. Edward Jones upgraded Abbott Laboratories (NYSE:ABT) on Tuesday, June 21 to "Buy" rating. The analysts estimated EPS for the higher end at 0.75 and lower end at 0.71 while the year ago reported earnings per share was 0.7. The stock has "Buy" rating by Deutsche Bank on Friday, July 21.
Abbott is a global healthcare company devoted to improving life through the development of products and technologies that span the breadth of healthcare. Thomaspartners Inc who had been investing in Abbott Labs for a number of months, seems to be less bullish one the $93.18 billion market cap company. The Firm operates through four divisions: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products and Vascular Products. It has a 4.75 P/E ratio.
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Investors sentiment decreased to 0.88 in 2017 Q2. SEE has a 1-week performance of 0.02%. It worsened, as 69 investors sold ABT shares while 545 reduced holdings. 26 funds opened positions while 34 raised stakes. 3,703 are held by Baldwin Brothers Ma. 60,912 were reported by Boston &. Any way you dice it, a dip below $53.67 a share would be very bad news for ABT's technical picture in the near-term. Glynn Cap Mngmt Ltd Limited Liability Company has invested 0.27% of its portfolio in Abbott Laboratories (NYSE:ABT). Asset Mgmt Incorporated reported 0.18% of its portfolio in Abbott Laboratories (NYSE:ABT). Legal And General Group Public Ltd Co invested 0.34% in Abbott Laboratories (NYSE:ABT). Massachusetts-based Fiduciary has invested 0.58% in Abbott Laboratories (NYSE:ABT). Bank of New York Mellon Corp grew its stake in shares of Abbott Laboratories by 11.0% during the 1st quarter. 106,458 were reported by Garrison Financial.
The co's performance for 6 months was moved up of 25.21%, 1-year performance stands at 32.26% and year to date showing isolated positively performance of 41.73%. The company has a market capitalization of $96.25 billion, a PE ratio of 77.59 and a beta of 1.06. North Star Investment Mgmt stated it has 0.43% in Abbott Laboratories (NYSE:ABT).
Since June 15, 2017, it had 0 insider buys, and 1 insider sale for $26,482 activity. Cohen Klingenstein Ltd Liability Com holds 0.04% of its portfolio in Abbott Laboratories (NYSE:ABT) for 5,886 shares.
Investors sentiment increased to 1.28 in 2017 Q2. Its down 0.75, from 1.63 in 2017Q1. This will give analytical advantage to a shorter-term trader since it pursues the price more intimately, and consequently produces less "lag" as comparison to the longer-term moving average. Royal Bank & Trust Of Canada reported 33,865 shares. Fin Counselors accumulated 0.14% or 58,584 shares. They expect $0.65 earnings per share, up 10.17% or $0.06 from last year's $0.59 per share. Fj Capital Management Llc owns 407,300 shares or 1.5% of their United States portfolio. Private Ocean Ltd Liability Company has invested 0.04% in Abbott Laboratories (NYSE:ABT). Comerica Financial Bank stated it has 0% in Diamond Offshore Drilling Inc (NYSE:DO). Insiders own 0.76% of the company's stock. The Connecticut-based Endeavour Capital Advisors Inc has invested 0.49% in the stock. (NYSE:COL). Tower Bridge holds 0% or 11,080 shares. The EPS growth for the past five (5) years shows a value of 0.00%, whilst the EPS value for the next five (5) years shows a figure of 11.29%. Abner Herrman And Brock Limited Liability has 0.48% invested in Rockwell Collins, Inc. Tower Bridge holds 0% or 44,126 shares in its portfolio.
Among 14 analysts covering Northrop Grumman (NYSE:NOC), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Abbott Laboratories has a 52 week low of $37.38 and a 52 week high of $55.43. CGI Group had 15 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Monday, September 11 by Goldman Sachs. On Monday, January 4 the stock rating was downgraded by Morgan Stanley to "Equal-Weight". Citigroup maintained the stock with "Neutral" rating in Friday, April 1 report.
When choosing stocks, many investors search for what Wall Street professionals think about the company first - like what the average rating is. The firm earned "Hold" rating on Thursday, August 31 by BMO Capital Markets. The stock of Cheesecake Factory Inc (NASDAQ:CAKE) has "Hold" rating given on Thursday, July 23 by Wunderlich. Robert W. Baird downgraded the stock to "Neutral" rating in Wednesday, September 13 report.