AbbVie Inc. (NYSE:ABBV) traded at a new 12-month high today of $154.74. So far today approximately 2 million shares have been exchanged, as compared to an average 30-day volume of 8.1 million shares.
In the past 12 months, shares of AbbVie Inc. have traded between a low of $102.05 and a high of $154.74 and are now at $152.39, which is 49% above that low price.
AbbVie is a pharmaceutical company with a strong exposure to immunology and oncology. The company’s top drug, Humira, represents close to half of the company’s current profits. The company was spun off from Abbott in early 2013. The recent acquisition of Allergan adds several new drugs in aesthetics and women’s health.
AbbVie Inc. defies analysts with a current price ($152.39) 2.2% above its average consensus price target of $149.00.
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