Zoetis (ZTS) Gets a Hold Rating from Raymond James
Raymond James analyst Elliot Wilbur maintained a Hold rating on Zoetis (ZTS) today. The company’s shares closed last Tuesday at $166.12, close to its 52-week high of $176.64.
According to TipRanks.com, Wilbur is a 1-star analyst with an average return of -1.6% and a 45.9% success rate. Wilbur covers the Healthcare sector, focusing on stocks such as Amphastar Pharmaceuticals, Amneal Pharmaceuticals, and Flexion Therapeutics.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zoetis with a $188.80 average price target.
See today’s analyst top recommended stocks >>
Zoetis’ market cap is currently $80.51B and has a P/E ratio of 48.40. The company has a Price to Book ratio of -90.59.
Based on the recent corporate insider activity of 79 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 ZTS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Zoetis, Inc. discovers, develops and manufactures a portfolio of animal health medicines and vaccines. The company operates through the following segments: United States &International. Its products are complemented by diagnostic products, genetic tests, bio devices and services. These are designed to meet the needs of veterinarians and the livestock farmers and companion animal. The company provides its services though five categories namely, anti-invectives, vaccines, parasitic ides, medicated feed additives, and other pharmaceuticals. Zoetis was founded in 1952 and is headquartered in Parsippany, NJ.