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Orthofix Medical Inc has a consensus price target of $18 based on the ratings of 4 analysts. The high is $20 issued by Roth MKM on May 8, 2024. The low is $16 issued by Stifel on September 12, 2023. The 3 most-recent analyst ratings were released by Roth MKM on May 8, 2024, March 7, 2024, and October 20, 2023, respectively. With an average price target of $15.67 between Roth MKM, there's an implied -1.53% downside for Orthofix Medical Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Orthofix Medical (NASDAQ:OFIX) was reported by Roth MKM on May 8, 2024. The analyst firm set a price target for $20.00 expecting OFIX to rise to within 12 months (a possible 25.71% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Orthofix Medical (NASDAQ:OFIX) was provided by Roth MKM, and Orthofix Medical upgraded their buy rating.
The last upgrade for Orthofix Medical Inc happened on May 8, 2024 when Roth MKM raised their price target to $20. Roth MKM previously had a neutral for Orthofix Medical Inc.
The last downgrade for Orthofix Medical Inc happened on September 12, 2023 when BTIG changed their price target from N/A to N/A for Orthofix Medical Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Orthofix 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 Orthofix Medical was filed on May 8, 2024 so you should expect the next rating to be made available sometime around May 8, 2025.
While ratings are subjective and will change, the latest Orthofix Medical (OFIX) rating was a upgraded with a price target of $15.00 to $20.00. The current price Orthofix Medical (OFIX) is trading at is $15.91, which is within the analyst’s predicted range.
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