Analysts Showing Optimistic Trends For Allergan plc (AGN)

Allergan plc (AGN) escalated 2.47% and closed its last trading session at $233.55. (NYSE:AGN) by 11.2% during the third quarter, Holdings Channel reports. The firm owned 8,148 shares of the company's stock after buying an additional 50 shares during the period. Security Asset Management's holdings in Allergan PLC. were worth $1,981,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company.

Supplemental Annuity Collective Trust of NJ boosted its holdings in shares of Allergan PLC. Carroll Financial Associates Inc. now owns 555 shares of the company's stock valued at $127,000 after buying an additional 226 shares during the last quarter.

Patton Albertson Miller Group LLC lessened its position in Allergan PLC. Sentry Investment Management LLC now owns 26,889 shares of the company's stock valued at $6,536,000 after purchasing an additional 265 shares during the period. Finally, Toronto Dominion Bank boosted its position in shares of Allergan 25.2% in the 2nd quarter. National Planning Corp now owns 1,174 shares of the company's stock worth $286,000 after acquiring an additional 291 shares during the period. Within its US Specialized Therapeutics, US General Medicine and worldwide operations, the Company sells its brand and aesthetic pharmaceutical products primarily to drug wholesalers, retailers and distributors, including national retail drug and food store chains, hospitals, clinics, mail-order retailers, government agencies and managed healthcare providers, such as health maintenance organizations and other institutions.

Shares of Allergan PLC.

The highest price AGN stock touched in the last 12 month was $256.8 and the lowest price it hit in the same period was $184.5. The company's market cap is $78.29 Billion. The firm's 50-day moving average is $205.02 and its 200-day moving average is $224.49.

Allergan PLC. had a return on equity of 7.37% and a net margin of 79.17%. Its revenue totaled $3.94 billion up 10.36% from the previous quarter.

Allergan plc (AGN)'s RSI (Relative strength index) is at 55.41, its ATR (Average True Range) value is 4.7, while its Beta factor was calculated at 1.2.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 18th will be given a dividend of $0.70 per share.

Allergan plc (AGN) has an Analysts' Mean Recommendation of 2.1. This represents a $2.80 dividend on an annualized basis and a yield of 1.20%.

AGN has been the topic of a number of analyst reports. As of the latest earnings report the EPS was $32.82 and is projected to be $16.27 for the current year with 334,306,000 shares outstanding. Analysts reported that the Price Target for Allergan plc might touch $400 high while the Average Price Target and Low price Target is $276.63 and $220 respectively. (The) downgraded Allergan PLC. from a "buy" rating to a "neutral" rating and set a $262.00 price objective on the a report on Wednesday, May 10th. Finally, Credit Suisse Group set a $288.00 price objective on Allergan PLC. and gave the company a "buy" rating in a report on Saturday, August 5th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and fifteen have assigned a buy rating to the stock. July 17 investment analysts at Deutsche Bank kept the stock rating at "Buy" and lowered the price expectation from $282.00 to $273.00.

In other news, CEO Brent L. Saunders purchased 5,250 shares of the business's stock in a transaction dated Monday, November 21st. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The shares were sold at an average price of $188.72, for a total transaction of $94,360.00. Corporate insiders own 0.27% of the company's stock.

Allergan, Inc is a multi-specialty healthcare company. The Company is involved in the development, manufacturing, marketing and distribution of brand name pharmaceutical products, medical aesthetics, biosimilar and over-the-counter (OTC) pharmaceutical products. The US Specialized Therapeutics segment includes sales relating to branded products within the United States, including Medical Aesthetics, Medical Dermatology, Eye Care, Neurosciences and Urology therapeutic products.

Many other high profile fund managers have quite recently purchased and unloaded stocks of AGN.

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