Argus upgraded shares of Zimmer Holdings (NYSE: ZMH) from a hold rating to a buy rating in a research note released on Wednesday morning. They currently have $90.00 price target on the stock.
Shares of Zimmer Holdings traded down 0.58% during mid-day trading on Wednesday, hitting $75.90. Zimmer Holdings has a 52 week low of $57.46 and a 52 week high of $76.75. The stock’s 50-day moving average is currently $72.73. The company has a market cap of $13.116 billion and a P/E ratio of 17.79.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a neutral rating on shares of Zimmer Holdings in a research note to investors on Monday, February 4th. They now have a $77.00 price target on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Zimmer Holdings from $73.00 to $81.00 in a research note to investors on Friday, February 1st. They now have an overweight rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Zimmer Holdings from $78.00 to $87.00 in a research note to investors on Friday, February 1st.
Ten research analysts have rated the stock with a buy rating, two have assigned an overweight rating, twenty-one have issued a hold rating, and one has given a sell rating to the company. Zimmer Holdings presently has a consensus rating of overweight and an average price target of $77.87.
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