AmerisourceBergen Corp. (NYSE:ABC) has coverage initiated with a Buy rating and $89.00 price target

Analyst Ratings For AmerisourceBergen Corp. (NYSE:ABC)

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Today, UBS Group initiated coverage on AmerisourceBergen Corp. (NYSE:ABC) with a Buy with a price target of $89.00.

There are 6 Hold Ratings, 6 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on AmerisourceBergen Corp. (NYSE:ABC) is Buy with a consensus target price of $98.6667 per share, a potential 28.84% upside.

Some recent analyst ratings include

  • 1/17/2019-AmerisourceBergen Corp. (NYSE:ABC) has coverage initiated with a Buy rating and $89.00 price target
  • 1/6/2019-AmerisourceBergen Corp. (NYSE:ABC) had its Hold rating reiterated by Barclays with a $84.00 price target
  • 9/19/2018-AmerisourceBergen Corp. (NYSE:ABC) had its Neutral rating reiterated by Mizuho
  • 8/3/2018-AmerisourceBergen Corp. (NYSE:ABC) had its Hold rating reiterated by Robert W. Baird with a $89.00 price target
  • On 1/15/2019 John G Chou, Insider, sold 6,974 with an average share price of $76.99 per share and the total transaction amounting to $536,928.26.
  • On 1/2/2019 Steven H Collis, CEO, sold 21,350 with an average share price of $73.96 per share and the total transaction amounting to $1,579,046.00.
  • On 12/14/2018 John G Chou, Insider, sold 6,974 with an average share price of $80.78 per share and the total transaction amounting to $563,359.72.
  • On 12/3/2018 Steven H Collis, Chairman, sold 21,350 with an average share price of $88.92 per share and the total transaction amounting to $1,898,442.00.
  • On 11/28/2018 Lazarus Krikorian, Insider, sold 20,276 with an average share price of $90.37 per share and the total transaction amounting to $1,832,342.12.
  • On 11/21/2018 Gina Clark, EVP, sold 29,549 with an average share price of $88.33 per share and the total transaction amounting to $2,610,063.17.
  • On 11/20/2018 Kathy H Gaddes, Insider, sold 2,652 with an average share price of $90.54 per share and the total transaction amounting to $240,112.08.

About AmerisourceBergen Corp. (NYSE:ABC)
AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally. Its Pharmaceutical Distribution segment distributes brand-name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, outsourced compounded sterile preparations, and related services to various healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and other alternate site pharmacies, and other customers. It also provides pharmacy management, staffing, and other consulting services; supply management software to retail and institutional healthcare providers; and packaging solutions to various institutional and retail healthcare providers. In addition, this segment distributes plasma and other blood products, injectable pharmaceuticals, vaccines, and other specialty products; provides other services primarily to physicians who specialize in various disease states, primarily oncology, as well as to other healthcare providers, including hospitals and dialysis clinics; and offers data analytics, outcomes research, and additional services for biotechnology and pharmaceutical manufacturers. The company's Other segment provides integrated manufacturer services, such as clinical trial support, product post-approval, and commercialization support; offers specialty transportation and logistics services for the biopharmaceutical industry; and sells pharmaceuticals, vaccines, parasiticides, diagnostics, micro feed ingredients, and various other products to customers in both the companion animal and production animal markets, as well as provides demand-creating sales force services to manufacturers. AmerisourceBergen Corporation was founded in 1985 and is headquartered in Chesterbrook, Pennsylvania.

Recent Trading Activity for AmerisourceBergen Corp. (NYSE:ABC)
Shares of AmerisourceBergen Corp. closed the previous trading session at 76,72 −0,64 0,82 % with 76.06 shares trading hands.

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