Wright Medical (NASDAQ: WMGI) had its target price boosted by Mizuho from $25.00 to $30.00 in a report released on Tuesday. Mizuho currently has a buy rating on the stock.
WMGI has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a neutral rating on shares of Wright Medical in a research note to investors on Wednesday, February 27th. They now have a $24.00 price target on the stock. Separately, analysts at Leerink Swann upgraded shares of Wright Medical from a market perform rating to an outperform rating in a research note to investors on Tuesday, February 26th. Finally, analysts at Wunderlich raised their price target on shares of Wright Medical from $19.00 to $22.00 in a research note to investors on Friday, February 22nd. They now have a hold rating on the stock.
Seven research analysts have rated the stock with a buy rating, and eight have given a hold rating to the company’s stock. The company currently has an average rating of overweight and an average target price of $25.67.
Wright Medical traded down 0.04% on Tuesday, hitting $23.85. Wright Medical has a 1-year low of $17.28 and a 1-year high of $24.58. The stock’s 50-day moving average is currently $22.08. The company has a market cap of $927.5 million and a price-to-earnings ratio of 175.44.
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