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Amerisourcebergen Corporation (holding Co) (ABC) [hlAlert]

up 245.22 %

Amerisourcebergen Corporation (holding Co) (ABC) rated Buy by Citigroup

Posted on: Tuesday,  Feb 18, 2014  8:25 AM ET by Citigroup

Citigroup rated Buy Amerisourcebergen Corporation (holding Co) (NYSE: ABC) on 02/18/2014. Previously Citigroup rated Buy Amerisourcebergen Corporation (holding Co) (NYSE: ABC) on
04/08/2010., when the stock price was $29.30. Since then, Amerisourcebergen Corporation (holding Co) has gained 245.22% as of 11/18/2015's recent price of $101.15.
If you would have followed the previous Citigroup's recommendation on ABC, you would have gained 245.22% of your investment in 2050 days.

AmerisourceBergen Corporation (AmerisourceBergen) is a pharmaceutical services company, with operations in the United States and Canada. Servicing both healthcare providers and pharmaceutical manufacturers in the pharmaceutical supply channel, the Company provides drug distribution and related services. It distributes an offering of brand name and generic pharmaceuticals, over-the-counter healthcare products, home healthcare supplies and equipment, and related services to a variety of healthcare providers, including acute care hospitals and health systems, independent and chain retail pharmacies, mail order pharmacies, medical and dialysis clinics, physicians, long-term care and other alternate site pharmacies, and other customers. The Company operates in the pharmaceutical distribution segment. In October 2008, the Company completed the divestiture of its former workers? compensation business, PMSI. On May 29, 2009, the Company acquired Innomar Strategies Inc.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/18/2014 8:25 AM Buy
as of 10/17/2014
1 Week down  -1.37 %
1 Month down  -0.90 %
3 Months up  4.31 %
1 YTD up  7.86 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2013 8:25 AM Buy
4/8/2010 8:25 AM Buy
4/10/2008 8:25 AM Hold

(*) Stock Price at the time of the recommendation.
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