http://www.americanbankingnews.com/getthestreet reaffirmed their buy rating on shares of Baxter International (NYSE: BAX) in a report issued on Wednesday.
“Baxter International (BAX) has been reiterated by TheStreet Ratings as a buy with a ratings score of A- . The company’s strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, increase in net income, revenue growth and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.”
,” the firm’s analyst commented.
Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a neutral rating on shares of Baxter International in a research note to investors on Monday, January 28th. They now have a $71.00 price target on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Baxter International from $68.00 to $70.00 in a research note to investors on Monday, January 28th. They now have an equal weight rating on the stock. Finally, analysts at RBC Capital reiterated an outperform rating on shares of Baxter International in a research note to investors on Monday, January 21st. They now have a $70.00 price target on the stock.
Eight research analysts have rated the stock with a buy rating, four have issued an overweight rating, and nine have issued a hold rating to the company. The company presently has an average rating of overweight and an average price target of $72.62.
Baxter International remained flat at $68.17 during trading on Wednesday. Baxter International has a 1-year low of $48.98 and a 1-year high of $69.34. The stock’s 50-day moving average is currently $67.86. The company has a market cap of $37.451 billion and a price-to-earnings ratio of 16.31.
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