JMP Securities Remains a Buy on Zimmer Biomet Holdings (ZBH)

In a report released today, David Turkaly from JMP Securities maintained a Buy rating on Zimmer Biomet Holdings (ZBHResearch Report), with a price target of $145.00. The company’s shares closed yesterday at $128.52.

According to TipRanks, Turkaly is a 4-star analyst with an average return of 5.1% and a 50.21% success rate. Turkaly covers the Healthcare sector, focusing on stocks such as Paragon 28, Steris, and Apyx Medical.

In addition to JMP Securities, Zimmer Biomet Holdings also received a Buy from Robert W. Baird’s Jeff Johnson in a report issued yesterday. However, on the same day, Truist Financial maintained a Hold rating on Zimmer Biomet Holdings (NYSE: ZBH).

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Based on Zimmer Biomet Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.67 billion and a net profit of $194 million. In comparison, last year the company earned a revenue of $1.69 billion and had a net profit of $145.6 million

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Zimmer Biomet Holdings, Inc. is a musculoskeletal healthcare company. The company engages in designing, manufacturing and marketing orthopedic reconstructive products; biologics, sports medicine, extremities and trauma products; spine, dental implants, bone healing, craniomaxillofacial and thoracic products; and related surgical products.

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