Globus Medical, Inc. (GMED) Social Stream
Globus Medical Inc (GMED) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering GMED.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-01-07 | 11 | $100 | $80 | $88.083 | $68.81 | 28.01% |
| 2021-11-16 | 11 | $100 | $55 | $85.636 | $68.81 | 24.45% |
| 2021-11-10 | 11 | $100 | $55.001 | $85.636 | $68.81 | 24.45% |
| 2021-12-10 | 11 | $100 | $55 | $85.166 | $68.81 | 23.77% |
| 2021-12-10 | 11 | $100 | $55 | $85.166 | $68.81 | 23.77% |
| 2021-12-13 | 11 | $100 | $80 | $87.25 | $68.81 | 26.8% |
| 2021-12-13 | 11 | $100 | $80 | $87.25 | $68.81 | 26.8% |
| 2022-01-04 | 11 | $100 | $80 | $87.916 | $68.81 | 27.77% |
The Trend in the Analyst Price Target
GMED's average price target has moved up $2.45 over the prior 58 days.
GMED reports an average of 19.79% for its upside potential over the past 58 days.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-01-04 | 11 | 100 | 80.000 | 87.916 | 75.54 | 16.38% |
| 2021-12-13 | 11 | 100 | 80.000 | 87.250 | 68.96 | 26.52% |
| 2021-11-10 | 11 | 100 | 55.001 | 85.636 | 75.46 | 13.49% |
| 2021-12-10 | 11 | 100 | 55.000 | 85.166 | 67.95 | 25.34% |
| 2021-11-10 | 11 | 100 | 55.000 | 85.636 | 75.46 | 13.49% |
GMED Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.73 | 6 | 2 | 3 | 0 | 0 | 11 |
The Trend in the Broker Recommendations
GMED's average broker recommendation rating improved by 0.2 over the prior 17 months.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- GMED has a greater number of analysts covering the stock than 507.84% of stocks in the mid market cap category.
- Globus Medical Inc's upside potential (average analyst target price relative to current price) is greater than 98.05% of Healthcare stocks.
- In terms of how Globus Medical Inc fares relative to stocks in the mid market cap category, note that its average analyst price target is greater than 478.04% of that group.
- GMED has a lower variance in analysts' estimates than -272.64% of Medical Equipment stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Medical Equipment industry with the ratings most similar to Globus Medical Inc are GKOS, ATRC, and SDC.
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