Globus Medical (GMED)
(Delayed Data from NYSE)
$70.99 USD
-0.23 (-0.32%)
Updated Sep 24, 2024 04:00 PM ET
After-Market: $70.97 -0.02 (-0.03%) 7:58 PM ET
3-Hold of 5 3
C Value C Growth D Momentum C VGM
Globus Medical (GMED) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$79.31 | $100.00 | $55.00 | 11.36% |
Price Target
Based on short-term price targets offered by 13 analysts, the average price target for Globus Medical comes to $79.31. The forecasts range from a low of $55.00 to a high of $100.00. The average price target represents an increase of 11.36% from the last closing price of $71.22.
Analyst Price Targets (13)
Broker Rating
Globus Medical currently has an average brokerage recommendation (ABR) of 1.93 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 15 brokerage firms. The current ABR compares to an ABR of 1.93 a month ago based on 15 recommendations.
Of the 15 recommendations deriving the current ABR, eight are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 53.33% and 6.67% of all recommendations. A month ago, Strong Buy made up 53.33%, while Buy represented 6.67%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 8 | 8 | 7 | 7 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 5 | 5 | 5 | 6 | 6 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.93 | 1.93 | 1.93 | 2.07 | 2.07 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/6/2024 | Canaccord Genuity | William J Plovanic | Strong Buy | Strong Buy |
8/14/2024 | Not Identified | Not Identified | Hold | Hold |
8/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/7/2024 | Roth Capital Partners | Jason Wittes | Strong Buy | Strong Buy |
8/7/2024 | Wells Fargo Securities | Vikramjeet S Chopra | Hold | Strong Buy |
8/7/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
8/7/2024 | Needham & Company | David Saxon | Hold | Hold |
7/16/2024 | Truist Securities | Richard Newitter | Hold | Hold |
7/15/2024 | BTIG | Ryan Zimmerman | Strong Buy | Strong Buy |
5/20/2024 | Piper Sandler | Matthew O'Brien | Hold | Strong Buy |
5/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
3/15/2024 | JMP Securities | David L Turkaly | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.93 |
ABR (Last week) | 1.93 |
# of Recs in ABR | 15 |
Average Target Price | $79.31 |
LT Growth Rate | 12.70% |
Industry | Medical - Instruments |
Industry Rank by ABR | 73 of 253 |
Current Quarter EPS Est: | 0.65 |
GMED FAQs
Globus Medical, Inc. (GMED) currently has an average brokerage recommendation (ABR) of 1.93 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 15 brokerage firms.
The average price target for Globus Medical, Inc. (GMED) is $79.31. The current on short-term price targets is based on 9 reports.
The forecasts for Globus Medical, Inc. (GMED) range from a low of $55 to a high of $100. The average price target represents a increase of $11.72 from the last closing price of $70.99.
The current UPSIDE for Globus Medical, Inc. (GMED) is 11.72%
Based on short-term price targets offered by 13 analysts, the average price target for Globus Medical comes to $79.31. The forecasts range from a low of $55.00 to a high of $100.00. The average price target represents an increase of 11.36% from the last closing price of $71.22.