Shares of Carl Zeiss Meditec AG (ETR:AFX) have earned an average recommendation of “Hold” from the seven research firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is €45.75 ($53.82).

Several analysts have recently issued reports on the stock. Deutsche Bank AG set a €36.00 ($42.35) target price on shares of Carl Zeiss Meditec AG and gave the company a “neutral” rating in a research report on Monday, June 26th. Berenberg Bank set a €48.00 ($56.47) price target on shares of Carl Zeiss Meditec AG and gave the stock a “buy” rating in a research report on Monday, August 7th. Commerzbank Ag set a €42.00 ($49.41) price target on shares of Carl Zeiss Meditec AG and gave the company a “neutral” rating in a research note on Wednesday, August 2nd. DZ Bank AG reaffirmed a “sell” rating on shares of Carl Zeiss Meditec AG in a research note on Tuesday, August 8th. Finally, Kepler Capital Markets set a €48.50 ($57.06) price target on shares of Carl Zeiss Meditec AG and gave the company a “buy” rating in a research note on Monday, August 7th.

COPYRIGHT VIOLATION WARNING: This news story was originally reported by Watch List News and is owned by of Watch List News. If you are accessing this news story on another website, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The original version of this news story can be accessed at https://www.watchlistnews.com/carl-zeiss-meditec-ag-afx-given-consensus-recommendation-of-hold-by-brokerages/1607175.html.

Shares of Carl Zeiss Meditec AG (AFX) opened at 45.95 on Wednesday. Carl Zeiss Meditec AG has a one year low of €30.80 and a one year high of €47.80. The company has a market capitalization of €4.11 billion and a PE ratio of 31.05. The stock has a 50 day moving average price of €42.55 and a 200 day moving average price of €43.53.

About Carl Zeiss Meditec AG

Carl Zeiss Meditec AG operates as a medical technology company worldwide. It operates through Ophthalmic Devices and Microsurgery segments. The Ophthalmic Devices segment offers optical biometers, ophthalmic microscopes, phacoemulsification/vitrectomy devices, intraocular lenses, and ophthalmic viscoelastic products for the diagnosis and treatment of ophthalmic diseases in the field of cataract and retinal surgery.

Analyst Recommendations for Carl Zeiss Meditec AG (ETR:AFX)

Receive News & Ratings for Carl Zeiss Meditec AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carl Zeiss Meditec AG and related companies with Analyst Ratings Network's FREE daily email newsletter.