Stock To Watch: Allergan, Inc. (NYSE:AGN)


The leading market experts have placed a mean price target of $299.06 on Allergan, Inc. (NYSE:AGN) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $4.09 a share for the upcoming quarter and $14.00 for the current fiscal.

Technical View

The technical analysis of Allergan plc Ordinary Shares plainly substantiates that the 50-day moving average of Allergan plc Ordinary Shares is $247.83, and stock is trading $5.31 points away or +2.14% from its 50-day moving average of $247.83. Further it is trading $3.25 or +1.30% away its 200-day moving average of $249.89. Allergan, Inc. (NYSE:AGN) 52-week high is $322.68 and the 52-week low is $195.50.

This explains if the stock moves $-69.54, it will post a 52-week high. In event of +29.48% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Allergan plc Ordinary Shares, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Allergan, Inc. (NYSE:AGN) ratio came in at 24.10.

The stock last ended the trading session at $253.14 and registered a market cap of $100.23B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Allergan, Inc. (NYSE:AGN) PEG ratio is at 1.34.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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