Johnson & Johnson (NYSE:JNJ) traded today at a new 52-week high of $179.28. This new high was reached on below average trading volume as 1.7 million shares traded hands, while the average 30-day volume is approximately 5.6 million shares.
Over the past year, Johnson & Johnson has traded in a range of $133.65 to $179.28 and is now at $179.15, 34% above that low.
Based on a current price of $179.15, Johnson & Johnson is currently 18.5% above its average consensus analyst price target of $146.01.
Johnson & Johnson is the world’s largest and most diverse healthcare firm. Three divisions make up the firm: pharmaceutical, medical devices and diagnostics, and consumer. The drug and device groups represent close to 80% of sales and drive the majority of cash flows for the firm. The drug division focuses on the following therapeutic areas: immunology, oncology, neurology, pulmonary, cardiology, and metabolic diseases. The device segment focuses on orthopedics, surgery tools, vision care, and a few smaller areas. The last segment of consumer focuses on baby care, beauty, oral care, over-the-counter drugs, and women’s health. Geographically, just over half of total sales are generated in the United States.
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