Merit Medical Systems (MMSI)
(Real Time Quote from BATS)
$99.54 USD
-0.46 (-0.46%)
Updated Sep 24, 2024 11:02 AM ET
3-Hold of 5 3
C Value C Growth F Momentum D VGM
Merit Medical (MMSI) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$106.50 | $125.00 | $94.00 | 6.50% |
Price Target
Based on short-term price targets offered by 10 analysts, the average price target for Merit Medical comes to $106.50. The forecasts range from a low of $94.00 to a high of $125.00. The average price target represents an increase of 6.5% from the last closing price of $100.00.
Analyst Price Targets (10)
Broker Rating
Merit Medical currently has an average brokerage recommendation (ABR) of 1.70 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms. The current ABR compares to an ABR of 1.70 a month ago based on 10 recommendations.
Of the 10 recommendations deriving the current ABR, five are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 50% and 30% of all recommendations. A month ago, Strong Buy made up 50%, while Buy represented 30%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 5 | 5 |
Buy | 3 | 3 | 3 | 3 | 3 |
Hold | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.70 | 1.70 | 1.70 | 1.70 | 1.70 |
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 |
---|---|---|---|---|
9/17/2024 | C.L. King & Associates | Kristen M Stewart | Moderate Buy | Moderate Buy |
9/16/2024 | Raymond James | Jayson T Bedford | Moderate Buy | Moderate Buy |
8/2/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/1/2024 | Piper Sandler | Jason Bednar | Strong Buy | Strong Buy |
8/1/2024 | Wells Fargo Securities | Lawrence H Biegelsen | Hold | Hold |
7/2/2024 | Canaccord Genuity | William J Plovanic | Strong Buy | Strong Buy |
7/2/2024 | Barrington Research | Michael J Petusky | Strong Buy | Strong Buy |
7/1/2024 | Needham & Company | Michael Matson | Moderate Buy | Moderate Buy |
6/28/2024 | Robert W. Baird & Co. | David Rescott | Not Available | Strong Buy |
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 | 1.70 |
ABR (Last week) | 1.70 |
# of Recs in ABR | 10 |
Average Target Price | $106.50 |
LT Growth Rate | 12.00% |
Industry | Medical - Dental Supplies |
Industry Rank by ABR | 146 of 253 |
Current Quarter EPS Est: | 0.80 |
MMSI FAQs
Merit Medical Systems, Inc. (MMSI) currently has an average brokerage recommendation (ABR) of 1.70 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms.
The average price target for Merit Medical Systems, Inc. (MMSI) is $106.50. The current on short-term price targets is based on 7 reports.
The forecasts for Merit Medical Systems, Inc. (MMSI) range from a low of $94 to a high of $125. The average price target represents a increase of $6.50 from the last closing price of $100.00.
The current UPSIDE for Merit Medical Systems, Inc. (MMSI) is 6.50%
Based on short-term price targets offered by 10 analysts, the average price target for Merit Medical comes to $106.50. The forecasts range from a low of $94.00 to a high of $125.00. The average price target represents an increase of 6.5% from the last closing price of $100.00.