Oppenheimer analyst Steven Lichtman maintained a Buy rating on Zimmer Biomet Holdings (ZBH) today. The company’s shares closed last Monday at $148.51, close to its 52-week high of $152.43.
According to TipRanks.com, Lichtman ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -4.8% and a 50.3% success rate. Lichtman covers the Healthcare sector, focusing on stocks such as Integra Lifesciences, Medtronic, and ConforMIS.
Currently, the analyst consensus on Zimmer Biomet Holdings is a Strong Buy with an average price target of $163.27, a 9.7% upside from current levels. In a report issued on January 31, Needham also assigned a Buy rating to the stock with a $187.00 price target.
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The company has a one-year high of $152.43 and a one-year low of $111.17. Currently, Zimmer Biomet Holdings has an average volume of 922.3K.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ZBH in relation to earlier this year.
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Zimmer Biomet Holdings, Inc. provides musculoskeletal healthcare services. It designs, manufactures and markets orthopedic reconstructive products, sports medicine, biologics, extremities & trauma products, office based technologies, spine, craniomaxillofacial & thoracic products, dental implants and related surgical products.
