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Pfizer’s Stock Performance in August

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Aug. 30 2018, Published 1:05 p.m. ET

About Pfizer

Pfizer (PFE) is a research-based biopharmaceutical company that operates two business segments—Innovative Health and Essential Health. The chart below compares the changes in analysts’ recommendations for Pfizer stock since January.

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Stock price performance

Pfizer’s (PFE) stock price has increased ~8.0% over the last month, and its stock price has risen ~24.0% over the last 12 months. PFE stock has risen 14.6% year-to-date. Analysts’ estimates show that the stock could rise ~0.7% over the next 12 months.

Wall Street analysts’ recommendations show a 12-month target price of $41.80 per share, compared to its price of $41.50 per share on August 28.

Analysts’ recommendations

Of the 21 analysts tracking Pfizer stock on August 29, one analyst recommended a “strong buy.” Nine analysts recommended a “buy,” eight analysts recommended a “hold,” and three analysts recommended a “strong sell” for Pfizer stock. The consensus rating for Pfizer stands at 2.76, representing a “hold” for investors. 

Valuation multiples

Pfizer was trading at a forward PE multiple of ~13.6x on August 29, compared to the industry average of ~15.9x. On a capital structure–neutral basis, Pfizer trades at a forward EV-to-EBITDA multiple of ~11.8x, which is lower than the industry’s average of ~12.2x on August 29.

The Health Care Select Sector SPDR ETF (XLV) holds 6.8% of its portfolio in Pfizer (PFE), 10.1% in Johnson & Johnson (JNJ), 2.8% in Eli Lilly & Co. (LLY), and 2.7% in Bristol-Myers Squibb (BMY).

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