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Conmed Corp has a consensus price target of $95.89 based on the ratings of 9 analysts. The high is $141 issued by Keybanc on July 27, 2023. The low is $71 issued by Wells Fargo on August 1, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Stifel, and Wells Fargo on August 1, 2024, respectively. With an average price target of $75.67 between Piper Sandler, Stifel, and Wells Fargo, there's an implied 0.57% upside for Conmed Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Conmed (NYSE:CNMD) was reported by Piper Sandler on August 1, 2024. The analyst firm set a price target for $80.00 expecting CNMD to rise to within 12 months (a possible 6.33% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Conmed (NYSE:CNMD) was provided by Piper Sandler, and Conmed maintained their overweight rating.
The last upgrade for Conmed Corp happened on March 27, 2023 when Keybanc raised their price target to $124. Keybanc previously had a sector weight for Conmed Corp.
There is no last downgrade for Conmed.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Conmed, 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 Conmed was filed on August 1, 2024 so you should expect the next rating to be made available sometime around August 1, 2025.
While ratings are subjective and will change, the latest Conmed (CNMD) rating was a maintained with a price target of $95.00 to $80.00. The current price Conmed (CNMD) is trading at is $75.24, which is out of the analyst’s predicted range.
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