By Justin Garson
Shares of K2M Group Holdings (NASDAQ:KTWO) have received a consensus broker rating score of 1.00 (Strong Buy) from the five brokers that provide coverage
for the stock, Zacks Investment Research reports. Five analysts have rated the stock with a strong buy rating.
Analysts have set a 1-year consensus target price of $26.00 for the company and are forecasting that the company will post ($0.27) earnings per share for the current quarter, according to Zacks. Zacks has also assigned K2M Group Holdings an industry rank of 78 out of 265 based on the ratings given to related companies.
Separately, analysts at Barclays raised their price target on shares of K2M Group Holdings from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Tuesday, April 14th.
Shares of K2M Group Holdings (NASDAQ:KTWO) opened at 22.00 on Tuesday. K2M Group Holdings has a one year low of $12.31 and a one year high of $24.50. The stock has a50-day moving average of $22. and a 200-day moving average of $19.. The company’s market cap is $871.09 million.
