Globus Medical Inc
(NYSE:GMED)
Today's conference call ended over 11 hours ago Click to view past webcast
$54.16
0.34[0.63%]
At close: Feb 20
$55.00
0.8400[1.55%]
After Hours: 5:11PM EDT
Open53.570Close54.160
Vol / Avg.1.579M / 1.168MMkt Cap7.463B
Day Range52.960 - 54.42052 Wk Range43.385 - 62.880

Globus Medical Stock (NYSE:GMED), Analyst Ratings, Price Targets, Predictions

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.

Consensus Rating1

Buy

Highest Price Target1

$96.00

Lowest Price Target1

$53.00

Consensus Price Target1

$61.43

Analyst Rating Summary1

BuyOverweightHoldUnderweightSell
102501

Analyst Firms Making Recommendations1

  • RBC Capital
  • Truist Securities
  • Canaccord Genuity
  • Morgan Stanley
  • Roth MKM

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Globus Medical

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
01/11/2024GMEDBuy Now
Globus Medical
$55.0027.27%RBC Capital
Shagun Singh
→ $70ReiteratesOutperform → OutperformGet Alert
12/22/2023GMEDBuy Now
Globus Medical
$55.005.45%Truist Securities
Richard Newitter
$53 → $58MaintainsHoldGet Alert
12/20/2023GMEDBuy Now
Globus Medical
$55.0029.09%Canaccord Genuity
Kyle Rose
$67 → $71MaintainsBuyGet Alert
11/14/2023GMEDBuy Now
Globus Medical
$55.00-3.64%Morgan Stanley
Drew Ranieri
$60 → $53MaintainsEqual-WeightGet Alert
11/08/2023GMEDBuy Now
Globus Medical
$55.00-3.64%Truist Securities
Richard Newitter
$58 → $53MaintainsHoldGet Alert
10/20/2023GMEDBuy Now
Globus Medical
$55.0036.36%Roth MKM
Jason Wittes
→ $75Initiates → BuyGet Alert
10/12/2023GMEDBuy Now
Globus Medical
$55.0056.36%Barclays
Matt Miksic
$77 → $86MaintainsOverweightGet Alert
09/19/2023GMEDBuy Now
Globus Medical
$55.0010.91%Stifel
Mathew Blackman
→ $61UpgradeHold → BuyGet Alert
09/15/2023GMEDBuy Now
Globus Medical
$55.005.45%Wells Fargo
Vik Chopra
$63 → $58MaintainsEqual-WeightGet Alert
09/05/2023GMEDBuy Now
Globus Medical
$55.0018.18%Truist Securities
Richard Newitter
→ $65ReiteratesHold → HoldGet Alert
08/07/2023GMEDBuy Now
Globus Medical
$55.0018.18%Truist Securities
Richard Newitter
$68 → $65MaintainsHoldGet Alert
08/07/2023GMEDBuy Now
Globus Medical
$55.0040%Barclays
Matt Miksic
$75 → $77MaintainsOverweightGet Alert
08/04/2023GMEDBuy Now
Globus Medical
$55.0014.55%Wells Fargo
Vik Chopra
$61 → $63MaintainsEqual-WeightGet Alert
07/19/2023GMEDBuy Now
Globus Medical
$55.0023.64%Truist Securities
Richard Newitter
$64 → $68MaintainsHoldGet Alert
02/22/2023GMEDBuy Now
Globus Medical
$55.0016.36%Morgan Stanley
Drew Ranieri
$78 → $64MaintainsEqual-WeightGet Alert
05/31/2023GMEDBuy Now
Globus Medical
$55.009.09%Morgan Stanley
Drew Ranieri
$64 → $60MaintainsEqual-WeightGet Alert
05/24/2023GMEDBuy Now
Globus Medical
$55.00JMP Securities
David Turkaly
Reiterates → Market PerformGet Alert
05/05/2023GMEDBuy Now
Globus Medical
$55.0016.36%Truist Securities
Richard Newitter
$66 → $64MaintainsHoldGet Alert
03/30/2023GMEDBuy Now
Globus Medical
$55.0021.82%Canaccord Genuity
Kyle Rose
→ $67UpgradeHold → BuyGet Alert
Q

What is the target price for Globus Medical (GMED)?

A

The latest price target for Globus Medical (NYSE: GMED) was reported by RBC Capital on January 11, 2024. The analyst firm set a price target for $70.00 expecting GMED to rise to within 12 months (a possible 29.25% upside). 22 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Globus Medical (GMED)?

A

The latest analyst rating for Globus Medical (NYSE: GMED) was provided by RBC Capital, and Globus Medical reiterated their outperform rating.

Q

When is the next analyst rating going to be posted or updated for Globus Medical (GMED)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Globus Medical, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Globus Medical was filed on January 11, 2024 so you should expect the next rating to be made available sometime around January 11, 2025.

Q

Is the Analyst Rating Globus Medical (GMED) correct?

A

While ratings are subjective and will change, the latest Globus Medical (GMED) rating was a reiterated with a price target of $0.00 to $70.00. The current price Globus Medical (GMED) is trading at is $54.16, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.