Zacks Research Upgrades Carl Zeiss Meditec (OTCMKTS:CZMWY) to Hold

Carl Zeiss Meditec (OTCMKTS:CZMWYGet Free Report) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Carl Zeiss Meditec Price Performance

OTCMKTS:CZMWY opened at $32.35 on Monday. The stock’s 50 day simple moving average is $30.67 and its 200-day simple moving average is $32.92. Carl Zeiss Meditec has a 12-month low of $26.65 and a 12-month high of $60.99.

Carl Zeiss Meditec Company Profile

(Get Free Report)

Carl Zeiss Meditec AG is a global medical technology company headquartered in Jena, Germany. Founded in 2002 as a spin-off from the Carl Zeiss Group, the business leverages the parent company’s expertise in optics and precision engineering. Over the years, Carl Zeiss Meditec has grown through organic development and strategic acquisitions, becoming a recognized provider of innovative surgical and diagnostic solutions for eye care and microsurgery.

The company’s core offerings span two primary divisions: Ophthalmic Devices and Microsurgery.

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Analyst Recommendations for Carl Zeiss Meditec (OTCMKTS:CZMWY)

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