JNJ Stock Price Forecast to Rise Nearly 5%: Analysts Bullish on Iconic Healthcare Giant

By: Manoj Prasad

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Average 12-month price target of $167.93 per share implies 4.94% upside for JNJ stock

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Lowest forecast is $40, highest is $215 among 15 analysts covering the stock

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Average analyst rating is "Buy" with bullish outlook over next year

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Mean price forecast from 13 analysts is $178, with range of $160 to $215

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Estimated 11.43% returns over next 12 months based on current JNJ share price

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EPS estimate of $2.27 (+/- $0.02) for next quarter, after $2.66 previous quarter

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JNJ beats EPS forecasts 100% of the time over last 12 months

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Sales forecast of $21.01B (+/- $600M) for next quarter

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JNJ outpaces sales estimates 75% of the time in past year, outperforming industry