Pfizer Inc. (NYSE:PFE) Given Average Recommendation of "Hold" by Analysts

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Pfizer Inc. (NYSE:PFE) has received an average “Hold” recommendation from 23 research firms, with an average 12-month target price of $28.05. The company recently exceeded Q4 earnings expectations, reporting an EPS of $0.66 against a $0.57 consensus and revenue of $17.56 billion. Despite a year-over-year revenue decrease of 1.2% and a high payout ratio of 126.47% for its $0.43 quarterly dividend, analysts note several positive developments including pipeline progress and oncology milestones.

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