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Robert W. Baird Reaffirms Their Buy Rating on Zimmer Biomet Holdings (ZBH)

Robert W. Baird analyst Jeff Johnson reiterated a Buy rating on Zimmer Biomet Holdings (ZBHResearch Report) on November 2 and set a price target of $138.00. The company’s shares closed yesterday at $105.42.

According to TipRanks, Johnson is a 5-star analyst with an average return of 17.1% and a 53.44% success rate. Johnson covers the Healthcare sector, focusing on stocks such as DENTSPLY SIRONA, Align Tech, and Cooper Co.

Zimmer Biomet Holdings has an analyst consensus of Hold, with a price target consensus of $121.22, which is a 14.99% upside from current levels. In a report released yesterday, JMP Securities also maintained a Buy rating on the stock with a $145.00 price target.

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ZBH market cap is currently $22.6B and has a P/E ratio of 81.81.

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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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