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Globus Medical (GMED)
NYSE:GMED
Globus Medical (GMED) Stock Forecast & Price Target
757 Followers
See the Price Targets and Ratings of:
GMED Analyst Ratings
Moderate Buy
6 Buy
5 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
GMED Stock 12 Month Forecast
Average Price Target
$72.90
▲(0.37% Upside)
| Highest Price Target$85.00 | Average Price Target$72.90 | Lowest Price Target$55.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Canaccord Genuity
Reiterated
07/17/24
Truist Financial
Reiterated
07/16/24
BTIG
Reiterated
07/15/24
Morgan Stanley
Reiterated
07/15/24
Wells Fargo
Reiterated
06/25/24
RBC Capital
Reiterated
06/21/24
Stifel Nicolaus
Reiterated
06/10/24
Piper Sandler
Upgraded
05/20/24
Barclays
Reiterated
05/09/24
JMP Securities
Reiterated
05/09/24
Needham
―
Hold
―
Reiterated
05/08/24
Globus Medical: A Balanced Outlook Amidst Merger Integration and Growth Prospects
Bank of America Securities
$55
Sell
$55.00
(-24.27% Downside)
Reiterated
05/08/24
Globus Medical: Sell Rating Justified by Integration Risks and Conservative Guidance Despite Strong Quarter
Jefferies
$75
Buy
$75.00
(3.26% Upside)
Reiterated
01/11/24
Globus Medical Soars with Strong Q4 Results and Promising Post-Merger Outlook: Buy Rating Affirmed
Oppenheimer
$55
Hold
$55.00
(-24.27% Downside)
Reiterated
11/08/23
Hold Rating on Globus Medical: Post-Merger Challenges, Sales Force Integration, and Future Growth Prospects
Roth MKM
$75
Buy
$75.00
(3.26% Upside)
Initiated
10/19/23
Globus Medical initiated with a Buy at Roth MKMGlobus Medical initiated with a Buy at Roth MKM
Best Analysts Covering Globus Medical
Which Analyst Should I Follow If I Want to Buy GMED and Sell After:
1 Month
xxx
Success Rate
11/18 ratings generated profit
Average Return
+3.65%
reiterated a xxx
rating 7 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 61.11% of your transactions generating a profit, with an average return of +3.65% per trade.
3 Months
xxx
Success Rate
14/18 ratings generated profit
Average Return
+9.10%
reiterated a xxx
rating 7 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 77.78% of your transactions generating a profit, with an average return of +9.10% per trade.
1 Year
Success Rate
21/27 ratings generated profit
Average Return
+19.28%
reiterated a buy rating 2 months ago
Copying Matt Miksic's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +19.28% per trade.
2 Years
xxx
Success Rate
26/27 ratings generated profit
Average Return
+33.69%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 96.30% of your transactions generating a profit, with an average return of +33.69% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
GMED Analyst Recommendation Trends
Rating
Mar 24
Apr 24
May 24
Jun 24
Jul 24
Strong Buy
4
2
2
1
1
Buy
9
6
8
10
11
Hold
10
7
8
11
12
Sell
2
1
1
1
1
Strong Sell
0
0
0
0
0
total
25
16
19
23
25
Each month's total comprises the sum of three months' worth of ratings.
GMED Financial Forecast
GMED Stock Forecast FAQ
What is GMED’s average 12-month price target, according to analysts?
Based on analyst ratings, Globus Medical’s 12-month average price target is $72.90.
What is GMED’s upside potential, based on the analysts’ average price target?
Globus Medical has 0.37% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is GMED a Buy, Sell or Hold?
Globus Medical has a consensus rating of Moderate Buy which is based on 6 buy ratings, 5 hold ratings and 1 sell ratings.
What is Globus Medical’s price target?
The average price target for Globus Medical is $72.90. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $85.00 ,the lowest forecast is $55.00. The average price target represents 0.37% Increase from the current price of $72.63.
The highest analyst price target is $85.00 ,the lowest forecast is $55.00. The average price target represents 0.37% Increase from the current price of $72.63.
What do analysts say about Globus Medical?
Globus Medical’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 12 Wall Streets Analysts.
How can I buy shares of GMED?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.