Zoetis (ZTS) Receives a Buy from Credit Suisse
Credit Suisse analyst Erin Wright maintained a Buy rating on Zoetis (ZTS) today and set a price target of $147.00. The company’s shares closed last Monday at $100.06.
According to TipRanks.com, Wright is a 4-star analyst with an average return of 3.1% and a 53.6% success rate. Wright covers the Services sector, focusing on stocks such as AmerisourceBergen, Medpace Holdings, and Fulgent Genetics.
Currently, the analyst consensus on Zoetis is a Moderate Buy with an average price target of $148.50.
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The company has a one-year high of $146.26 and a one-year low of $90.14. Currently, Zoetis has an average volume of 2.48M.
Based on the recent corporate insider activity of 83 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.
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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.