Becton Dickinson and Co (BDX) Receives $176.68 Average Price Target from Analysts

Becton Dickinson and Co (NYSE:BDX) has received a consensus recommendation of “Hold” from the fifteen analysts that are currently covering the stock. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $176.68.

A number of analysts recently commented on BDX shares. Zacks Investment Research upgraded shares of Becton Dickinson and from a “hold” rating to a “buy” rating and set a $189.00 target price on the stock in a report on Friday, November 25th. Royal Bank of Canada reiterated a “hold” rating and issued a $177.00 target price on shares of Becton Dickinson and in a report on Friday, January 6th. Raymond James Financial, Inc. reiterated an “outperform” rating and issued a $180.00 target price (down from $200.00) on shares of Becton Dickinson and in a report on Thursday, January 5th. Leerink Swann reiterated a “market perform” rating and issued a $185.00 target price (up from $180.00) on shares of Becton Dickinson and in a report on Monday, November 21st. Finally, JPMorgan Chase & Co. downgraded shares of Becton Dickinson and from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $190.00 to $175.00 in a report on Tuesday, January 3rd.

Your IP Address:

In other Becton Dickinson and news, VP Jeffrey S. Sherman sold 31,464 shares of the company’s stock in a transaction that occurred on Wednesday, February 15th. The shares were sold at an average price of $180.02, for a total value of $5,664,149.28. Following the transaction, the vice president now owns 22,094 shares in the company, valued at approximately $3,977,361.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.40% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Garde Capital Inc. bought a new position in Becton Dickinson and during the third quarter valued at $690,000. Advisory Services Network LLC raised its position in Becton Dickinson and by 4.2% in the third quarter. Advisory Services Network LLC now owns 5,803 shares of the company’s stock valued at $1,043,000 after buying an additional 236 shares in the last quarter. Catawba Capital Management VA raised its position in Becton Dickinson and by 0.4% in the third quarter. Catawba Capital Management VA now owns 44,282 shares of the company’s stock valued at $7,959,000 after buying an additional 190 shares in the last quarter. Burns J W & Co. Inc. NY raised its position in Becton Dickinson and by 7.4% in the third quarter. Burns J W & Co. Inc. NY now owns 18,255 shares of the company’s stock valued at $3,281,000 after buying an additional 1,258 shares in the last quarter. Finally, West Oak Capital LLC raised its position in Becton Dickinson and by 6,250.0% in the third quarter. West Oak Capital LLC now owns 2,921 shares of the company’s stock valued at $525,000 after buying an additional 2,875 shares in the last quarter. Hedge funds and other institutional investors own 82.30% of the company’s stock.

Becton Dickinson and (NYSE:BDX) opened at 182.63 on Thursday. The firm has a market cap of $38.87 billion, a price-to-earnings ratio of 30.40 and a beta of 1.00. Becton Dickinson and has a 12-month low of $146.57 and a 12-month high of $186.11. The company’s 50 day moving average is $181.27 and its 200 day moving average is $174.11.

Becton Dickinson and (NYSE:BDX) last released its earnings results on Thursday, February 2nd. The company reported $2.33 EPS for the quarter, topping analysts’ consensus estimates of $2.12 by $0.21. Becton Dickinson and had a net margin of 10.54% and a return on equity of 25.25%. The business had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.86 billion. During the same period in the previous year, the firm earned $1.96 EPS. The business’s revenue for the quarter was down 2.1% on a year-over-year basis. On average, equities analysts anticipate that Becton Dickinson and will post $9.43 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 31st. Stockholders of record on Friday, March 10th will be issued a dividend of $0.73 per share. The ex-dividend date of this dividend is Wednesday, March 8th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.60%. Becton Dickinson and’s dividend payout ratio is currently 48.42%.

Becton Dickinson and Company Profile

Becton, Dickinson and Company (BD) is a global medical technology company engaged in the development, manufacture and sale of a range of medical supplies, devices, laboratory equipment and diagnostic products. The Company operates through two segments: BD Medical and BD Life Sciences. The BD Medical segment produces an array of medical technologies and devices that are used to help improve healthcare delivery in a range of settings.

5 Day Chart for NYSE:BDX

Receive News & Ratings for Becton Dickinson and Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Becton Dickinson and Co and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Nike Suspends Relationship with Maria Sharapova
Nike Suspends Relationship with Maria Sharapova
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Rob Bironas Ex-Titans Kicker Dies in Car Crash
Ron Washington Leaves Texas Rangers Due to an Affair
Ron Washington Leaves Texas Rangers Due to an Affair
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Jonathan Dwyer Falls in Line with Other Banned NFL Players
Tony Stewart Case Going to the Grand Jury
Tony Stewart Case Going to the Grand Jury
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder
Oscar Pistorius “Blade Runner” Found Not Guilty of Murder


Leave a Reply

 
© 2006-2017 Web Breaking News.