Stryker (NYSE
:SYK) has received an average recommendation of “Buy” from the twenty-one ratings firms that are covering the company, Stock Ratings Network reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $95.88.
A number of analysts have recently weighed in on SYK shares. Analysts at Barclays downgraded shares of Stryker from an “equal weight” rating to an “underweight” rating and raised their price target for the stock from $88.00 to $92.00 in a research note on Thursday, April 2nd. Analysts at Zacks reiterated a “hold” rating and set a $97.00 price target on shares of Stryker in a research note on Friday, March 27th. Analysts at Morgan Stanley set a $105.00 price target on shares of Stryker and gave the company a “buy” rating in a research note on Friday, March 27th. Finally, analysts at Canaccord Genuity set a $102.00 price target on shares of Stryker and gave the company a “buy” rating in a research note on Tuesday, March 3rd.
Shares of Stryker (NYSE:SYK) traded up 0.04% on Monday, hitting $92.06. The stock had a trading volume of 353,726 shares. Stryker has a 52-week low of $75.78 and a 52-week high of $98.24. The stock has a 50-day moving average of $92. and a 200-day moving average of $90.. The company has a market cap of $34.87 billion and a price-to-earnings ratio of 68.70.
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