AstraZeneca (AZN) Stock Forecast & Price Target

$76.87

-0.60 (-0.77%)

(As of 10/7/2024 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

Moderate Buy

Based on 11 Analyst Ratings

Sell
1

Hold
1

Buy
9

Based on 11 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 11 analysts, 1 has given a sell rating, 1 has given a hold rating, 7 have given a buy rating, and 2 have given a strong buy rating for AZN.

Consensus Price Target

$89.75
16.76% Upside

According to the 11 analysts' twelve-month price targets for AstraZeneca, the average price target is $89.75. The highest price target for AZN is $97.00, while the lowest price target for AZN is $82.00. The average price target represents a forecasted upside of 16.76% from the current price of $76.87.

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AZN Analyst Ratings Over Time

Type	Current Forecast 10/8/23 to 10/7/24	1 Month Ago 9/8/23 to 9/7/24	3 Months Ago 7/10/23 to 7/9/24	1 Year Ago 10/8/22 to 10/8/23
Strong Buy	2 Strong Buy rating(s)	2 Strong Buy rating(s)	2 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)
Hold	1 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$89.75	$89.75	$88.00	$80.00
Forecasted Upside	16.76% Upside	8.07% Upside	14.78% Upside	18.66% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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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.

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.

AstraZeneca Stock vs. The Competition

Type	AstraZeneca	Medical Companies	S&P 500
Consensus Rating Score	2.91	2.78	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	16.08% Upside	12,742.16% Upside	7.83% Upside
News Sentiment Rating	Positive News See Recent AZN News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/13/2024	Deutsche Bank Aktiengesellschaft 2 of 5 stars		Downgrade	Hold ➝ Sell
9/11/2024	Erste Group Bank 3 of 5 stars		Upgrade	Hold ➝ Buy
8/12/2024	TD Cowen 4 of 5 stars		Boost Target	Buy ➝ Buy	$90.00 ➝ $95.00	+16.29%
6/24/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Verdult Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
6/24/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Field Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
5/30/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$80.00 ➝ $85.00	+10.72%
5/30/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$97.00	+27.50%
4/26/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$80.00 ➝ $82.00	+8.70%
1/23/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight
1/3/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
12/18/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
7/12/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
1/18/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		GBX 118 ➝ GBX 126

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 12:46 AM 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 Sunday, October 6, 2024. Please send any questions or comments about these AstraZeneca pros and cons to contact@marketbeat.com.

AstraZeneca
Bull Case

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

AstraZeneca's recent increase in stock price, trading up 1.0% on Monday, reaching $79.04, indicates positive market sentiment.
AstraZeneca's strong buy and buy ratings from multiple research firms suggest confidence in the company's growth potential.
AstraZeneca's solid financial performance, with a net margin of 13.11% and a return on equity of 29.34%, demonstrates profitability and efficiency.
AstraZeneca's consistent revenue growth, with a 9.1% increase in revenue compared to the same quarter last year, showcases the company's ability to generate income.
AstraZeneca's dividend yield of 1.8% and a dividend payout ratio of 48.04% provide investors with a steady income stream.

AstraZeneca
Bear Case

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

AstraZeneca's stock price volatility, with fluctuations in trading, may pose risks for short-term investors.
AstraZeneca's dependency on the pharmaceutical industry's regulatory environment could lead to uncertainties in future operations.
AstraZeneca's high price-to-earnings ratio of 38.75 and a beta of 0.47 indicate the stock may be overvalued and subject to market fluctuations.
AstraZeneca's debt-to-equity ratio of 0.69 suggests a moderate level of financial leverage, which could impact the company's financial stability in economic downturns.
AstraZeneca's recent downgrade to a sell rating by Deutsche Bank Aktiengesellschaft raises concerns about the company's future performance.

AZN Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for AstraZeneca is $89.75, with a high forecast of $97.00 and a low forecast of $82.00.
: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AstraZeneca in the last year. There is currently 1 sell rating, 1 hold rating, 7 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AZN shares.
: According to analysts, AstraZeneca's stock has a predicted upside of 16.76% based on their 12-month stock forecasts.
: Over the previous 90 days, AstraZeneca's stock had 1 upgrade and 1 downgrade by analysts.
: AstraZeneca has been rated by research analysts at Deutsche Bank Aktiengesellschaft, Erste Group Bank, and TD Cowen in the past 90 days.
: Analysts like AstraZeneca more than other "medical" companies. The consensus rating score for AstraZeneca is 2.91 while the average consensus rating score for "medical" companies is 2.78. Learn more on how AZN compares to other companies.

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This page (NASDAQ:AZN) was last updated on 10/7/2024 by MarketBeat.com Staff

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