Allergan plc. (AGN) Receives Price Target

Allergan plc. (AGN) : The consensus price target for Allergan plc. (AGN) is $295.73 for the short term with a standard deviation of $42.1. The most optimist securities analyst among the 11 who monitor the stock believes that the stock can reach $400, however, the pessimist price target for the company is $227.

Allergan plc. (AGN) has an average broker rating of 1.57, which is interpreted as a Buy, as rated by 15 equity analysts. Nonetheless, 9 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.


Also, Equity analysts at the Brokerage firm Mizuho Securities upgrades its rating on Allergan plc. (NYSE:AGN). The rating major has initiated the coverage with buy rating on the shares. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on August 19, 2016.

Allergan plc. (NYSE:AGN): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $235.22 and $233.62 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $238.40. The buying momentum continued till the end and the stock did not give up its gains. It closed at $237.76, notching a gain of 1.37% for the day. The total traded volume was 2,827,680 . The stock had closed at $234.54 on the previous day.

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