Abbott Laboratories Stock Target Price and Analyst Consensus

ABT Stock  USD 113.48  1.98  1.78%   
The current analyst and expert consensus on Abbott Laboratories is Strong Buy with 6 buy recommendations. The current projected Abbott Laboratories target price consensus is 110.65, with 25 analyst opinions. The most common way Abbott Laboratories analysts use to provide public buy-or-sell recommendation is financial statements analysis. They also talk to Abbott Laboratories executives, vendors, and/or customers. Abbott Laboratories buy-or-sell recommendation module provides average expert sentiment on the projected Abbott Laboratories target price to derive its highest and lowest estimates based on target price estimated volatility of 0.0. Check out Macroaxis Advice on Abbott Laboratories to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.
Lowest Forecast
100.69
Highest Forecast
122.82
Target Price
110.65
At this time, Abbott Laboratories' Pretax Profit Margin is comparatively stable compared to the past year. Operating Profit Margin is likely to gain to 0.21 in 2024, whereas Gross Profit is likely to drop slightly above 12.5 B in 2024. At this time, Abbott Laboratories' Common Stock Total Equity is comparatively stable compared to the past year. Short Term Investments is likely to gain to about 757.2 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 8.3 B in 2024.
  
It's important to approach Abbott Laboratories' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Abbott Laboratories Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Abbott target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Abbott Laboratories' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   25  Strong Buy
Most Abbott analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Abbott stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Abbott Laboratories, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Abbott Laboratories Target Price Projection

Abbott Laboratories' current and average target prices are 113.48 and 110.65, respectively. The current price of Abbott Laboratories is the price at which Abbott Laboratories is currently trading. On the other hand, Abbott Laboratories' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Abbott Laboratories Market Quote on 28th of March 2024

Low Price112.0Odds
High Price113.7Odds

113.48

Target Price

Analyst Consensus On Abbott Laboratories Target Price

Low Estimate100.69Odds
High Estimate122.82Odds

110.65

Historical Lowest Forecast  100.69 Target Price  110.65 Highest Forecast  122.82
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Abbott Laboratories and the information provided on this page.

Abbott Laboratories Analyst Ratings

Abbott Laboratories' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Abbott Laboratories stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Abbott Laboratories' financials, market performance, and future outlook by experienced professionals. Abbott Laboratories' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Abbott Laboratories price targets

Abbott Laboratories' stock target price is an estimate of its future price, usually made by analysts. Using Abbott Laboratories' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Abbott Laboratories' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Abbott Laboratories' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Abbott Laboratories Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Abbott Laboratories is a key component of Abbott Laboratories valuation and have some predictive power on the future returns of a Abbott Laboratories.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Abbott Laboratories' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
112.40113.50114.60
Details
Intrinsic
Valuation
LowRealHigh
111.34112.44113.54
Details
Naive
Forecast
LowNextHigh
107.74108.84109.94
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.940.961.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Abbott Laboratories. Your research has to be compared to or analyzed against Abbott Laboratories' peers to derive any actionable benefits. When done correctly, Abbott Laboratories' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Abbott Laboratories.

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When determining whether Abbott Laboratories is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Abbott Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Abbott Laboratories Stock. Highlighted below are key reports to facilitate an investment decision about Abbott Laboratories Stock:
Check out Macroaxis Advice on Abbott Laboratories to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Abbott Stock please use our How to Invest in Abbott Laboratories guide.
Note that the Abbott Laboratories information on this page should be used as a complementary analysis to other Abbott Laboratories' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Abbott Laboratories' price analysis, check to measure Abbott Laboratories' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abbott Laboratories is operating at the current time. Most of Abbott Laboratories' value examination focuses on studying past and present price action to predict the probability of Abbott Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abbott Laboratories' price. Additionally, you may evaluate how the addition of Abbott Laboratories to your portfolios can decrease your overall portfolio volatility.
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The data published in Abbott Laboratories' official financial statements usually reflect Abbott Laboratories' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Abbott Laboratories. For example, before you start analyzing numbers published by Abbott accountants, it's critical to develop an understanding of what Abbott Laboratories' liquidity, profitability, and earnings quality are in the context of the Health Care Equipment & Supplies space in which it operates.
Please note, the presentation of Abbott Laboratories' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Abbott Laboratories' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Abbott Laboratories' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Abbott Laboratories. Please utilize our Beneish M Score to check the likelihood of Abbott Laboratories' management manipulating its earnings.