Analyst Activity – Piper Jaffray Companies Reiterates Buy on AbbVie (NYSE:ABBV)

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Analyst Ratings For AbbVie (NYSE:ABBV)

Today, Piper Jaffray Companies reiterated its Buy rating on AbbVie (NYSE:ABBV) with a price target of $85.00.

There are 7 hold ratings, 6 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on AbbVie (NYSE:ABBV) is Buy (Score: 2.57) with a consensus target price of $75.54 per share, a potential 6.41% upside.

Some recent analyst ratings include

  • 8/3/2017-Piper Jaffray Companies Reiterated Rating of Buy.
  • 7/20/2017-Credit Suisse Group Reiterated Rating of Neutral.
  • 7/17/2017-Deutsche Bank AG Reiterated Rating of Hold.
  • 7/17/2017-Jefferies Group LLC Reiterated Rating of Buy.
  • 6/22/2017-Leerink Swann Reiterated Rating of Market Perform.
  • 6/22/2017-Societe Generale Upgrade from a “Hold ” rating to a ” Buy” rating.

Dividend information for AbbVie (NYSE:ABBV)

AbbVie (NYSE:ABBV) pays an annual dividend of Community Ranking: with a yield of 3.61% and an average dividend growth of 12.50% based on a 3 Year Average.

Dividend History for AbbVie (NYSE:ABBV)

  • On 6/23/2017 AbbVie announced a quarterly dividend of $0.64 3.52% with an ex dividend date of 7/12/2017 which will be payable on 8/15/2017.
  • On 2/17/2017 AbbVie announced a quarterly dividend of $0.64 4.14% with an ex dividend date of 4/11/2017 which will be payable on 5/15/2017.
  • On 10/28/2016 AbbVie announced a quarterly dividend of $0.64 4.44% with an ex dividend date of 1/11/2017 which will be payable on 2/15/2017.
  • On 9/12/2016 AbbVie announced a quarterly dividend of $0.57 3.56% with an ex dividend date of 10/12/2016 which will be payable on 11/15/2016.
  • On 6/17/2016 AbbVie announced a quarterly dividend of $0.57 3.8% with an ex dividend date of 7/13/2016 which will be payable on 8/15/2016.
  • On 2/19/2016 AbbVie announced a quarterly dividend of $0.57 4.2% with an ex dividend date of 4/13/2016 which will be payable on 5/16/2016.
  • On 11/2/2015 AbbVie announced a quarterly dividend of $0.57 3.6% with an ex dividend date of 1/13/2016 which will be payable on 2/16/2016.

Recent Insider Trading Activity For AbbVie (NYSE:ABBV)
AbbVie (NYSE:ABBV) has insider ownership of 0.23% and institutional ownership of 68.00%.

  • On 7/31/2017 Edward J Rapp, Director, bought 4,000 with an average share price of $70.45 per share and the total transaction amounting to $281,800.00. View SEC Filing
  • On 7/31/2017 Henry O Gosebruch, Insider, sold 18,000 with an average share price of $70.09 per share and the total transaction amounting to $1,261,620.00. View SEC Filing
  • On 6/14/2017 Carlos Alban, EVP, sold 45,800 with an average share price of $70.00 per share and the total transaction amounting to $3,206,000.00. View SEC Filing
  • On 6/14/2017 Laura J Schumacher, Insider, sold 79,800 with an average share price of $70.00 per share and the total transaction amounting to $5,586,000.00. View SEC Filing
  • On 5/19/2017 Richard A Gonzalez, Chairman, sold 71,235 with an average share price of $65.49 per share and the total transaction amounting to $4,665,180.15. View SEC Filing
  • On 5/18/2017 William J Chase, CFO, sold 38,300 with an average share price of $65.35 per share and the total transaction amounting to $2,502,905.00. View SEC Filing
  • On 5/4/2017 Carlos Alban, EVP, sold 43,000 with an average share price of $67.00 per share and the total transaction amounting to $2,881,000.00. View SEC Filing

Recent Trading Activity for AbbVie (NYSE:ABBV)
Shares of AbbVie closed the previous trading session at 70.99 up +0.28 0.40% with 4,922,217 shares trading hands.