Carl Zeiss Meditec AG (AFX) Receives €45.08 Consensus Price Target from Analysts

Shares of Carl Zeiss Meditec AG (ETR:AFX) have received an average recommendation of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is €45.75 ($53.82).

Several research analysts recently issued reports on AFX shares. Berenberg Bank set a €48.00 ($56.47) price target on shares of Carl Zeiss Meditec AG and gave the stock a “buy” rating in a report on Saturday, May 20th. Independent Research GmbH set a €44.00 ($51.76) price target on shares of Carl Zeiss Meditec AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. Kepler Capital Markets set a €48.50 ($57.06) price target on shares of Carl Zeiss Meditec AG and gave the stock a “buy” rating in a report on Saturday, May 20th. Commerzbank Ag set a €42.00 ($49.41) price target on shares of Carl Zeiss Meditec AG and gave the stock a “neutral” rating in a report on Saturday, May 20th. Finally, Nord/LB set a €52.00 ($61.18) price target on shares of Carl Zeiss Meditec AG and gave the stock a “buy” rating in a report on Friday, June 2nd.

Carl Zeiss Meditec AG (ETR AFX) traded up 1.036% during midday trading on Friday, hitting €42.016. The company had a trading volume of 598 shares. The stock has a 50 day moving average price of €45.15 and a 200 day moving average price of €42.42. The company has a market capitalization of €3.76 billion and a P/E ratio of 28.389. Carl Zeiss Meditec AG has a 52 week low of €30.80 and a 52 week high of €47.80.

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About Carl Zeiss Meditec AG

Carl Zeiss Meditec AG is a Germany-based medical technology and device company. It offers offers complete solutions to diagnose and treat ophtalmic diseases, visualization solutions for microsurgery and other technologies, such as intraoperative radiotherapy. The Company operates in two segments: Ophthalmic Devices and Microsurgery.

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