Analyst Ratings for Allergan PLC (AGN)

Updated: 2017-07-28

Allergan PLC (NYSE:AGN) was awarded an average rating of Overweight from investment analysts following the stock. About 30 days ago, AGN was issued an average rating of Overweight.

Of the 22 analysts covering the stock, 13 gave it a buy rating, 3 gave an overweight rating, 6 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 3 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for AGN. The maximum price target given was 400, implying potential capital gains of 58.21 percent. The most pessimistic price target was 220, which equates to a potential downside of -12.99 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates downwards for this quarter, by about -0.5 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.55 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.28 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 6 analysts revised their estimates downwards. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts decreased their estimates.

AGN has an estimated earnings growth rate of -44.75 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of AGN is -0.2.

AGN has a 52-week high of 256.80 and a 52-week low of 184.50. The current market price is above the trailing year's low by 37.04 percent, and below the high by 1.55 percent. AGN has a price/earnings ratio of 8.74. Investors typically compare the P/E ratio to a company's peers in the industry. The AGN value stock report compares AGN to some of its peers using value stock charts. The market cap of AGN is $85.36 billion. AGN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.