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AstraZeneca (AZN) Stock Forecast & Price Target

AstraZeneca logo
£104.22 +359.76 (+3.58%)
(As of 12:44 PM ET)

AstraZeneca - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
2
Buy
6

Based on 9 Wall Street analysts who have issued ratings for AstraZeneca in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 1 has given a sell rating, 2 have given a hold rating, and 6 have given a buy rating for AZN.

Consensus Price Target

£104.12
According to the 9 analysts' twelve-month price targets for AstraZeneca, the average price target is £104.12. The highest price target for AZN is £150, while the lowest price target for AZN is GBX 74. The average price target represents a forecasted downside of -0.09% from the current price of £104.22.
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AZN Analyst Ratings Over Time

TypeCurrent Forecast
11/23/23 to 11/22/24
1 Month Ago
10/24/23 to 10/23/24
3 Months Ago
8/25/23 to 8/24/24
1 Year Ago
11/23/22 to 11/23/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price Target£104.12£101.62£105.53£117.25
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

AZN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AZN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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AstraZeneca Stock vs. The Competition

TypeAstraZenecaMedical Companies
Consensus Rating Score
2.56
2.80
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Positive News

See Recent AZN News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/22/2024JPMorgan Chase & Co.
3 of 5 stars
 Reiterated RatingOverweight£140+37.50%
11/7/2024Shore Capital
1 of 5 stars
 Reiterated RatingBuy
9/3/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 Reiterated RatingHold£110-16.62%
9/2/2024Berenberg Bank
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 Reiterated RatingBuy£150+13.48%
7/2/2024Jefferies Financial Group
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 Boost TargetHoldGBX 71 ➝ GBX 74-99.39%
5/28/2024Citigroup
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 Reiterated RatingBuy
4/8/2024Barclays
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 Reiterated RatingOverweight£125+18.56%
2/12/2024BMO Capital Markets
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 Reiterated RatingOutperform
2/12/2024UBS Group
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 Lower TargetSell£107 ➝ GBX 9,900+4.16%
9/25/2023Morgan Stanley
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 Boost Target£127 ➝ £129+15.72%
4/11/2023Guggenheim
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 Lower Target£127 ➝ £119+2.20%
2/10/2023Credit Suisse Group
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Dominic Lunn
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Set Target£118+3.60%
2/9/2023The Goldman Sachs Group
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Keyur Parekh
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Set TargetGBX 6,950-37.65%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 04:35 PM ET.


Should I Buy AstraZeneca Stock? AZN Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, November 6, 2024. Please send any questions or comments about these AstraZeneca pros and cons to contact@marketbeat.com.

AstraZeneca
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in AstraZeneca PLC:

  • AstraZeneca's stock price has been showing resilience, currently trading at $77.62, indicating stability in the market.
  • AstraZeneca has received multiple positive ratings from analysts, including strong-buy and buy ratings, indicating confidence in the company's performance.
  • The company has a strong track record of quarterly earnings, consistently meeting or exceeding analyst estimates, showcasing financial stability.
  • AstraZeneca's focus on the discovery, development, and commercialization of prescription medicines positions it well in the biopharmaceutical industry, which has long-term growth potential.
  • Recent investments by institutional investors like AXA S.A. and hedge funds demonstrate confidence in AstraZeneca's future growth prospects.

AstraZeneca
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in AstraZeneca PLC for these reasons:

  • Despite positive ratings, there is a sell rating from one analyst, suggesting some concerns about the company's performance.
  • AstraZeneca's dividend yield of 1.8% may not be as attractive compared to other investment opportunities with higher yields.
  • Market volatility and regulatory challenges in the pharmaceutical industry could impact AstraZeneca's stock price in the short term.
  • Competition in the biopharmaceutical sector is intense, leading to potential challenges in maintaining market share and profitability.
  • Investors should consider the company's debt-to-equity ratio, current ratio, and quick ratio to assess its financial health and risk profile before making investment decisions.

AZN Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for AstraZeneca is £104.12, with a high forecast of £150 and a low forecast of GBX 74.

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AstraZeneca in the last twelve months. There is currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AZN shares.

According to analysts, AstraZeneca's stock has a predicted downside of -0.09% based on their 12-month stock forecasts.

AstraZeneca has been rated by research analysts at Berenberg Bank, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., and Shore Capital in the past 90 days.

Analysts like AstraZeneca less than other "medical" companies. The consensus rating score for AstraZeneca is 2.56 while the average consensus rating score for "medical" companies is 2.80. Learn more on how AZN compares to other companies.


This page (LON:AZN) was last updated on 11/22/2024 by MarketBeat.com Staff
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