Jefferies Reiterates Their Hold Rating on Owens & Minor (OMI)


In a report issued on October 31, Sean Dodge from Jefferies reiterated a Hold rating on Owens & Minor (NYSE: OMI), with a price target of $8.50. The company’s shares closed yesterday at $8.86, close to its 52-week low of $7.86.

According to TipRanks.com, Dodge is a 1-star analyst with an average return of -0.6% and a 44.4% success rate. Dodge covers the Services sector, focusing on stocks such as Hms Holdings Corp, Evolent Health, and Teladoc.

Currently, the analyst consensus on Owens & Minor is a Moderate Sell with an average price target of $8.67, which is a -2.1% downside from current levels. In a report issued on October 31, Robert W. Baird also maintained a Hold rating on the stock with a $9 price target.

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The company has a one-year high of $22.91 and a one-year low of $7.86. Currently, Owens & Minor has an average volume of 1.17M.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock.

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Owens & Minor, Inc. engages in provision of services to the manufacturers of healthcare products, supplies, and devices. It operates through the following segments: Domestic, International, and Proprietary. The Domestic segment consists of U.S. distribution, logistics, and value-added services business.

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