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.
Many analysts weighed in on price targets for AGN. The maximum price target given was 400, which equates to a potential upside of 58.21 percent. The most pessimistic analyst gave a price target of 220, which equates to a potential downside of -12.99 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.5 percent. The average change in earnings estimates over the last 90 days is -3.55 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.28 percent.
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, compared to 4 analysts that revised their FY estimates downwards.
The growth rate of AGN's earnings is estimated by analysts to be -44.75 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, 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.
In the last 52-weeks, AGN has achieved a high of 256.80 and a low of 184.50. Today's price is 37.04 percent above the 52-week low, and 1.55 percent below the high. AGN has a P/E 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 stock has a market capitalization of $85.36 billion. AGN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.