Log in

Medtronic Price Target, Predictions & Analyst Ratings

-0.21 (-0.19 %)
(As of 09/18/2020 09:21 PM ET)
Today's Range
Now: $107.60
50-Day Range
MA: $102.60
52-Week Range
Now: $107.60
Volume6.27 million shs
Average Volume6.00 million shs
Market Capitalization$144.64 billion
P/E Ratio32.91
Dividend Yield2.16%

Analyst Ratings

Medtronic (NYSE:MDT) Price Target and Consensus Rating

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.
26 Wall Street analysts have issued ratings and price targets for Medtronic in the last 12 months. Their average twelve-month price target is $116.93, predicting that the stock has a possible upside of 8.67%. The high price target for MDT is $135.00 and the low price target for MDT is $92.00. There are currently 1 sell rating, 4 hold ratings, 20 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
MDT Consensus Rating: BuyBuyBuyBuy
MDT Consensus Rating Score: 2.812.812.772.81
MDT Analyst Ratings: 1 Sell Rating(s)
4 Hold Rating(s)
20 Buy Rating(s)
1 Strong Buy Rating(s)
1 Sell Rating(s)
4 Hold Rating(s)
20 Buy Rating(s)
1 Strong Buy Rating(s)
1 Sell Rating(s)
6 Hold Rating(s)
22 Buy Rating(s)
1 Strong Buy Rating(s)
1 Sell Rating(s)
3 Hold Rating(s)
22 Buy Rating(s)
0 Strong Buy Rating(s)
MDT Consensus Price Target: $116.93$114.92$114.53$120.77
MDT Price Target Upside: 8.67% upside13.16% upside17.89% upside50.30% upside

Medtronic (NYSE:MDT) Consensus Price Target History

Average Share Price and Price Target 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.

Medtronic (NYSE:MDT) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/11/2020Wolfe ResearchInitiated CoveragePeer Perform$115.00Low
8/26/2020BTIG ResearchBoost Price TargetBuy$102.00 ➝ $111.00Low
8/26/2020SVB LeerinkBoost Price TargetMarket Perform$105.00 ➝ $110.00Low
8/26/2020Morgan StanleyBoost Price TargetEqual Weight$106.00 ➝ $111.00Low
8/26/2020Credit Suisse GroupBoost Price TargetOutperform$117.00 ➝ $118.00Low
8/26/2020Raymond JamesBoost Price TargetOutperform$107.00 ➝ $115.00Medium
8/26/2020CitigroupBoost Price TargetBuy$108.00 ➝ $120.00Low
8/25/2020OppenheimerReiterated RatingBuy$112.00Low
8/25/2020Needham & Company LLCBoost Price TargetBuy$113.00 ➝ $124.00Low
8/18/2020CowenReiterated RatingBuy$110.00Low
8/11/2020Piper SandlerReiterated RatingBuy$120.00Medium
5/27/2020SunTrust BanksLower Price Target$130.00 ➝ $105.00Medium
5/23/2020CSFBReiterated RatingBuy$117.00N/A
5/22/2020Bank of AmericaReiterated RatingBuy$130.00N/A
5/22/2020Jefferies Financial GroupBoost Price TargetBuy$110.00 ➝ $120.00Medium
5/22/2020UBS GroupLower Price TargetBuy$130.00 ➝ $118.00Medium
5/22/2020Deutsche BankLower Price TargetBuy$123.00 ➝ $118.00Medium
5/21/2020CfraUpgradeBuy ➝ Strong-Buy$127.00 ➝ $121.00Low
5/14/2020DZ BankDowngradeBuy ➝ Hold$92.00Low
4/23/2020Sanford C. BernsteinReiterated RatingHold$112.00Medium
4/22/2020Wells Fargo & CompanyLower Price TargetOverweight$130.00 ➝ $108.00High
4/9/2020JPMorgan Chase & Co.Lower Price TargetOverweight$128.00 ➝ $115.00Medium
2/12/2020Goldman Sachs GroupInitiated CoverageSell$118.00Medium
1/2/2020GuggenheimUpgradeNeutral ➝ Buy$135.00Low
11/25/2019ArgusBoost Price TargetBuy$135.00Low
11/20/2019Royal Bank of CanadaBoost Price TargetOutperform$118.00 ➝ $122.00Medium
11/19/2019Piper Jaffray CompaniesBoost Price TargetOverweight$125.00Low
8/21/2019BMO Capital MarketsBoost Price TargetOutperform$107.00 ➝ $118.00Low
8/21/2019BarclaysBoost Price TargetOverweight$110.00 ➝ $117.00Low
8/21/2019Stifel NicolausBoost Price TargetHold$95.00 ➝ $112.00Low
8/21/2019Northland SecuritiesReiterated RatingHold$100.00Low
6/6/2018William BlairInitiated CoverageOutperform ➝ Market PerformLow
1/3/2018Evercore ISIInitiated CoverageOutperform ➝ Outperform$92.50High
(Data available from 9/21/2018 forward)
This page was last updated on 9/21/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.