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MarketBeat Week in Review – 4/15 - 4/19
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Biden’s $374B Giveaway Into This Sector (Ad)
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Closing prices for crude oil, gold and other commodities
The "Smart Money" Is Ready for May 1st Are You? (Ad)
The Senate passes a reauthorization of a key US surveillance program just after a midnight deadline
Comprehensive Analysis of PayPal Stock
SHOCKING Crypto Leak… (Ad)
Crews turn sights to removing debris from ship's deck in Baltimore bridge collapse cleanup
MarketBeat Week in Review – 4/15 - 4/19
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Biden’s $374B Giveaway Into This Sector (Ad)
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Closing prices for crude oil, gold and other commodities
The "Smart Money" Is Ready for May 1st Are You? (Ad)
The Senate passes a reauthorization of a key US surveillance program just after a midnight deadline
Comprehensive Analysis of PayPal Stock
SHOCKING Crypto Leak… (Ad)
Crews turn sights to removing debris from ship's deck in Baltimore bridge collapse cleanup
MarketBeat Week in Review – 4/15 - 4/19
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Biden’s $374B Giveaway Into This Sector (Ad)
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Closing prices for crude oil, gold and other commodities
The "Smart Money" Is Ready for May 1st Are You? (Ad)
The Senate passes a reauthorization of a key US surveillance program just after a midnight deadline
Comprehensive Analysis of PayPal Stock
SHOCKING Crypto Leak… (Ad)
Crews turn sights to removing debris from ship's deck in Baltimore bridge collapse cleanup
MarketBeat Week in Review – 4/15 - 4/19
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Merit Medical Systems (MMSI) Stock Forecast & Price Target

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$72.03
+1.04 (+1.46%)
(As of 04/19/2024 ET)
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Merit Medical Systems Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 9 Analyst Ratings

Analysts' Consensus Price Target

$92.50
28.42% Upside
High Forecast$112.00
Average Forecast$92.50
Low Forecast$81.00
TypeCurrent Forecast
4/21/23 to 4/20/24		1 Month Ago
3/22/23 to 3/21/24		3 Months Ago
1/21/23 to 1/21/24		1 Year Ago
4/21/22 to 4/21/23
Consensus Rating
Moderate Buy
Moderate Buy
Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
4 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$92.50$93.00$92.29$79.40
Predicted Upside28.42% Upside19.63% Upside26.78% Upside7.64% Upside
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MMSI Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MMSI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Merit Medical Systems Stock vs. The Competition

TypeMerit Medical SystemsMedical CompaniesS&P 500
Consensus Rating Score
2.89
2.68
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside28.42% Upside985.25% Upside11.92% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Ratings and Stock Forecasts

Export to Excel
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/16/2024Barrington Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingOutperform ➝ Outperform$98.00+36.13%
4/11/2024Needham & Company LLC
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Reiterated RatingBuy ➝ Buy$88.00+22.31%
4/11/2024CL King
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageBuy$88.00+22.31%
2/29/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform ➝ Outperform$82.00 ➝ $87.00+11.27%
2/29/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetBuy ➝ Buy$102.00 ➝ $112.00+39.77%
2/7/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Initiated CoverageNeutral$87.00+10.66%
1/30/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOutperform ➝ Outperform$84.00 ➝ $89.00+10.89%
1/12/2024Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost TargetOverweight ➝ Overweight$88.00 ➝ $95.00+20.19%
4/27/2023Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating		 Boost Target$74.00 ➝ $81.00+4.29%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:24 AM ET.

MMSI Price Target - Frequently Asked Questions

What is Merit Medical Systems's consensus rating and price target?

According to the issued ratings of 9 analysts in the last year, the consensus rating for Merit Medical Systems stock is Moderate Buy based on the current 1 hold rating and 8 buy ratings for MMSI. The average twelve-month price prediction for Merit Medical Systems is $92.50 with a high price target of $112.00 and a low price target of $81.00. Learn more on MMSI's analyst rating history.

Do Wall Street analysts like Merit Medical Systems more than its competitors?

Analysts like Merit Medical Systems more than other Medical companies. The consensus rating score for Merit Medical Systems is 2.89 while the average consensus rating score for medical companies is 2.68. Learn more on how MMSI compares to other companies.

Does Merit Medical Systems's stock price have much upside?

According to analysts, Merit Medical Systems's stock has a predicted upside of 21.60% based on their 12-month stock forecasts.

What analysts cover Merit Medical Systems?

Merit Medical Systems has been rated by Bank of America, Barrington Research, Canaccord Genuity Group, CL King, Needham & Company LLC, Oppenheimer, and Raymond James in the past 90 days.


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This page (NASDAQ:MMSI) was last updated on 4/20/2024 by MarketBeat.com Staff

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