AmerisourceBergen Corporation (Holding Co) (ABC) Shares are Down -3.49%

AmerisourceBergen Corporation (Holding Co) (ABC) has risen sharply, recording gains of 0.66% in the past 4 weeks. However, the stock has corrected -3.49% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.87% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.77% and the fifty day Moving Average is 2.23%. AmerisourceBergen Corporation is up 16.28% in the last three month period. Year-to-Date the stock performance stands at -16.3%.

AmerisourceBergen Corporation (Holding Co) (ABC) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $96 and the lowest price target forecast is $77. The average forecast of all the analysts is $89.6 and the expected standard deviation is $4.97.


AmerisourceBergen Corporation (Holding Co) (NYSE:ABC): stock turned positive on Friday. Though the stock opened at $85.67, the bulls momentum made the stock top out at $86.565 level for the day. The stock recorded a low of $85.15 and closed the trading day at $85.75, in the green by 0.28%. The total traded volume for the day was 1,872,825. The stock had closed at $85.51 in the previous days trading.

AmerisourceBergen Corporation is a pharmaceutical sourcing and distribution services company. The Company operates through two segments: Pharmaceutical Distribution and Other. The Company also provides data and other services to its manufacturing customers. The Company provides services to healthcare providers, and pharmaceutical and biotech manufacturers. The Company provides pharmacy services to certain specialty drug patients. Additionally, the Company offers healthcare providers and pharmaceutical manufacturers with services, including reimbursement and pharmaceutical consulting services, logistics services, inventory management, pharmacy automation and pharmacy management. The Company has a distribution facility network totaling approximately 30 distribution facilities in the United States.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.