Sanford C. Bernstein reissued their buy rating on shares of Baxter International (NYSE:BAX) in a research report released on Friday morning, Analyst Ratings.Net reports. Sanford C. Bernstein currently has a $82.00 price objective on the stock.
Shares of Baxter International (NYSE: BAX) traded down 0.21% during mid-day trading on Friday, hitting $74.27. Baxter International has a 52 week low of $54.54 and a 52 week high of $74.46. The stock’s 50-day moving average is currently $70.70. The company has a market cap of $40.251 billion and a P/E ratio of 18.57.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays Capital raised their price target on shares of Baxter International from $76.00 to $82.00 in a research note to investors on Friday. They now have a buy rating on the stock. Separately, analysts at Credit Suisse initiated coverage on shares of Baxter International in a research note to investors on Wednesday, July 10th. They set an outperform rating and a $81.00 price target on the stock.
Three research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of Buy and a consensus price target of $75.93.
Baxter International Inc (NYSE: BAX) is a global, diversified healthcare company.
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