AmerisourceBergen Corporation (NYSE:ABC) traded today at a new 52-week high of $128.87. So far today approximately 680,000 shares have been exchanged, as compared to an average 30-day volume of 906,000 shares.
AmerisourceBergen Corporation share prices have moved between a 52-week high of $128.87 and a 52-week low of $92.00 and are now trading 40% above that low price at $128.59 per share.
Based on a current price of $128.59, AmerisourceBergen Corporation is currently 12.0% above its average consensus analyst price target of $113.22.
AmerisourceBergen is a leading global third-party logistics provider engaged in wholesale pharmaceutical sourcing and distribution of specialty, brand-name, and generic pharmaceuticals and related services to acute-care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical clinics, long-term care and alternate site pharmacies, physician practices, dialysis clinics, and other healthcare customers. By acquiring smaller companies, management has attained the ability to transport biopharmaceuticals, distribute veterinary pharmaceuticals and vaccines, and provide inventory and reimbursement consulting services to providers.
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