# Abbott Laboratories  Share Price Target ‘$125.37’, now 5.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/abbott-laboratories-share-price-target-125.37-now-5.0-upside-potential/4121145302
- Published: 2024-02-29T13:58:34+00:00
- Author: Charlotte Edwards

**Abbott Laboratories** with ticker code (ABT) have now 19 analysts in total covering
the stock. The consensus rating is pointing to ‘buy’. The target price High/Low 
ranges between $141.00 and $107.00 calculating the average target share price we
see $125.37. (at the time of writing). Given that the stocks previous close was 
at $119.40 this is indicating there is a potential upside of 5.0%. The day 50 moving
average is $112.81 and the 200 day moving average is $105.26. The market cap for
the company is 208.31B. The current share price for the company is: $120.05 USD

 The potential market cap would be $218,723,790,029 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 36.71, revenue per share of $23.05
and a 6.11% return on assets.

Abbott Laboratories is engaged in the discovery, development, manufacture, and sale
of a diversified line of health care products. The Company operates through four
segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional 
Products, and Medical Devices. Its Established Pharmaceutical Products segment includes
gastroenterology products, women’s health products, cardiovascular and metabolic
products, pain and central nervous system products and respiratory drugs and vaccines.
Its Diagnostic Products segment includes core laboratory systems in the areas of
immunoassay, clinical chemistry, hematology, and transfusion medicine; molecular
diagnostics polymerase chain reaction (PCR) instrument systems; point of care systems;
rapid diagnostics lateral flow testing products, and informatics and automation 
solutions. Its Nutritional Products segment includes various forms of infant formula
and follow-on formula, adult and other pediatric nutritional products and others.

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