ConvaTec Group (LON:CTEC - Get Free Report)'s stock had its "overweight" rating reiterated by JPMorgan Chase & Co. in a research note issued on Wednesday,Digital Look reports. They currently have a GBX 307 ($4.17) price objective on the stock. JPMorgan Chase & Co.'s price objective would suggest a potential upside of 16.14% from the company's current price.
Separately, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 315 ($4.28) price target on shares of ConvaTec Group in a research report on Thursday, July 3rd.
Read Our Latest Analysis on ConvaTec Group
ConvaTec Group Stock Up 1.0%
Shares of CTEC opened at GBX 264.34 ($3.59) on Wednesday. The company has a debt-to-equity ratio of 85.32, a quick ratio of 0.96 and a current ratio of 2.26. ConvaTec Group has a one year low of GBX 211.80 ($2.88) and a one year high of GBX 311.20 ($4.23). The stock has a market capitalization of £6.72 billion, a price-to-earnings ratio of 44.52, a PEG ratio of 0.93 and a beta of 0.64. The stock has a 50 day moving average price of GBX 277.99 and a 200 day moving average price of GBX 256.55.
ConvaTec Group Company Profile
(
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ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns.
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