Carl Zeiss Meditec AG (AFX) Given Consensus Recommendation of “Hold” by Brokerages
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.
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.
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