Abbott Laboratories (NYSE:ABT) Valuation According To Analysts

Lloyd Doyle
October 16, 2017

The stock of Abbott Laboratories (NYSE:ABT) earned "Buy" rating by Deutsche Bank on Saturday, August 29. The firm has "Neutral" rating given on Thursday, August 20 by Sterne Agee CRT. The stock of Chegg Inc (NYSE:CHGG) earned "Overweight" rating by First Analysis on Thursday, September 10. The rating was upgraded by Sandler O'Neill on Monday, November 7 to "Buy". The Stock now has a Weekly Volatility of 1.22% and Monthly Volatility of 1.31%. The firm has "Buy" rating by Gabelli given on Friday, July 21. Wells Fargo maintained it with "Buy" rating and $64.0 target in Thursday, September 28 report.

M Kraus & Company increased its stake in Abbott Laboratories (ABT) by 22.5% based on its latest 2017Q2 regulatory filing with the SEC. Watkin Jared sold $26,482 worth of stock or 552 shares. 22,406 are held by Rothschild Asset Management. Abbott Labs Com now has $94.95B valuation.

Abbott Laboratories (NYSE:ABT) gross margin percentage stands at 54.2% while its operating margin for the past trailing twelve month is 8.8 percent and its overall profit margin (ttm) is 5 Percent. About 4.95 million shares traded.

More notable recent Abbott Laboratories (NYSE:ABT) news were published by: Seekingalpha.com which released: "Abbott Labs: Up, Up And Away" on September 28, 2017, also Chicagotribune.com with their article: "Recent buyout woes won't curb Abbott's deal-making appetite" published on October 06, 2017, Barrons.com published: "Abbott Labs' Billion-Dollar Product" on September 29, 2017. It has underperformed by 0.80% the S&P500.


Investors sentiment decreased to 0.88 in Q2 2017. Its down 0.75, from 1.63 in 2017Q1. It is positive, as 5 investors sold PGC shares while 15 reduced holdings. 93 funds opened positions while 362 raised stakes. State Of New Jersey Common Pension Fund D has invested 0% of its portfolio in New Home Company Inc (NYSE:NWHM). Cidel Asset Mgmt owns 11,480 shares for 0.01% of their portfolio. Johanson Financial Advisors Inc. now owns 7,017 shares of the healthcare product maker's stock valued at $343,000 after buying an additional 37 shares in the last quarter. Clifford Swan Investment Counsel Limited Liability Corp reported 0.06% in U.S. Bancorp (NYSE:USB). 9,428 were reported by Diligent Invsts Limited Com. Capstone Advsr Lc accumulated 13,600 shares. Tcw stated it has 0.03% in U.S. Bancorp (NYSE:USB). Bartlett & Company Ltd Liability Company invested in 1.30 million shares or 3.03% of the stock. Lake Street maintained Chegg Inc (NYSE:CHGG) on Tuesday, May 2 with "Buy" rating. Tiaa Cref Mngmt Lc has 226,381 shares for 0% of their portfolio. Savings Bank Of Nova Scotia holds 0.1% or 357,384 shares in its portfolio.

The short ratio in the company's stock is documented at 2.86 and the short float is around of 0.92%. GEIGER CHARLES also sold $291,525 worth of Chegg Inc (NYSE:CHGG) on Thursday, June 15. The stock decreased 0.11% or $0.06 on October 13, reaching $54.65. U.S. Bancorp (NYSE:USB) has risen 23.07% since October 15, 2016 and is uptrending. It has outperformed by 46.59% the S&P500.

Abbott Laboratories now has a P/E ratio of 76.54 and the market cap is 94.95B. The Firm offers a range of value-added engineering, technical and manufacturing services and support, including project management, design, testing, prototyping, manufacturing, supply chain management and post-market services. It has a 10.99 P/E ratio. The company has market cap of $11.98 billion. It also reduced its holding in Vanguard Tax Managed Intl Fd (VEA) by 727,802 shares in the quarter, leaving it with 134,357 shares, and cut its stake in Currencyshares Euro Tr (FXE). Hess Corp Com (NYSE:HES) was raised too. Its down 0.75, from 1.63 in 2017Q1. It turned negative, as 69 investors sold ABT shares while 545 reduced holdings. Finally, IBM Retirement Fund grew its stake in Abbott Laboratories by 71.1% in the second quarter. Amer Intl Grp invested in 0% or 51,898 shares. Old Commercial Bank In owns 263,020 shares. Honeywell Interest owns 0.96% invested in Abbott Laboratories (NYSE:ABT) for 523,596 shares. Cetera Advisor Network Ltd Llc invested 0.07% in Abbott Laboratories (NYSE:ABT). Chemung Canal Trust holds 30,107 shares or 0.34% of its portfolio. Cannell Peter B And reported 8,171 shares. Cibc Ww Markets owns 84,186 shares or 0.02% of their U.S. portfolio. Gsa Cap Partners Llp reported 31,563 shares. First Quadrant LP Ca invested in 0.04% or 43,066 shares. Cullen Frost Bankers Inc holds 0.09% or 55,872 shares. About shares traded. Arconic Inc (NYSE:ARNC) has risen 34.47% since October 16, 2016 and is uptrending. Guyasuta Investment Advsrs has 20,855 shares for 0.12% of their portfolio. 255,144 were reported by Federated Pa. Mercer Capital Advisers stated it has 349 shares. Cowen and Company reissued a "buy" rating and set a $55.00 target price on shares of Abbott Laboratories in a research report on Thursday, August 17th. Analysts forecast that Abbott Laboratories will post $2.49 earnings per share for the current fiscal year. The institutional investor held 77,736 shares of the major pharmaceuticals company at the end of 2017Q2, valued at $3.78M, up from 63,456 at the end of the previous reported quarter.

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