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Stryker (SYK) Stock Forecast & Price Target

$339.37
+1.28 (+0.38%)
(As of 07/12/2024 ET)

Stryker - Analysts' Recommendations 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.

Consensus Rating

Consensus Price Target

$370.32
9.12% Upside
High Forecast$406.00
Average Forecast$370.32
Low Forecast$315.00
TypeCurrent Forecast
7/14/23 to 7/13/24
1 Month Ago
6/14/23 to 6/13/24
3 Months Ago
4/15/23 to 4/14/24
1 Year Ago
7/14/22 to 7/14/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate 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
15 Buy rating(s)
15 Buy rating(s)
12 Buy rating(s)
12 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$370.32$370.58$338.09$306.38
Forecasted Upside9.12% Upside12.22% Upside7.39% Upside10.56% Upside
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SYK Analyst Recommendations 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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SYK 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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Stryker Stock vs. The Competition

TypeStrykerMedical CompaniesS&P 500
Consensus Rating Score
2.79
2.71
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside9.12% Upside994.26% Upside9.17% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/2/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$370.00 ➝ $365.00+9.59%
5/30/2024The Goldman Sachs Group
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 Initiated CoverageNeutral$372.00+9.06%
5/22/2024Needham & Company LLC
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M. Matson
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UpgradeHold ➝ Buy$392.00+18.60%
5/2/2024Barclays
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 Boost TargetOverweight ➝ Overweight$372.00 ➝ $376.00+15.17%
5/1/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$364.00 ➝ $381.00+16.55%
5/1/2024Roth Mkm
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 Boost TargetBuy ➝ Buy$348.00 ➝ $405.00+24.47%
5/1/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$339.00 ➝ $351.00+7.41%
5/1/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$375.00 ➝ $380.00+17.10%
5/1/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$350.00 ➝ $375.00+11.50%
5/1/2024Robert W. Baird
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 Boost TargetOutperform ➝ Outperform$367.00 ➝ $378.00+12.39%
5/1/2024BTIG Research
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 Boost TargetBuy ➝ Buy$366.00 ➝ $369.00+9.72%
4/15/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$360.00 ➝ $386.00+13.92%
4/11/2024TD Cowen
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 Boost TargetBuy ➝ Buy$365.00 ➝ $400.00+15.82%
4/3/2024Citigroup
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 Boost TargetBuy ➝ Buy$362.00 ➝ $406.00+15.19%
1/31/2024Truist Financial
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 Boost TargetHold ➝ Hold$330.00 ➝ $345.00+2.05%
1/31/2024Canaccord Genuity Group
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 UpgradeHold ➝ Buy$360.00+6.66%
12/4/2023Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$300.00 ➝ $320.00+7.46%
9/5/2023Bank of America
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 UpgradeNeutral ➝ Buy$310.00 ➝ $315.00+10.74%
5/25/2023Argus
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 Boost Target$285.00 ➝ $310.00+13.74%
5/2/2023Deutsche Bank Aktiengesellschaft
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 Boost Target$260.00 ➝ $292.00-0.78%
5/2/2023JPMorgan Chase & Co.
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 Boost Target$285.00 ➝ $315.00+5.04%
5/2/2023Jefferies Financial Group
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 Boost Target$320.00 ➝ $345.00+15.04%
4/23/2023Sanford C. Bernstein
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 Boost Target$275.00 ➝ $336.00+10.69%
4/17/2023Loop Capital
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 Boost TargetBuy$290.00 ➝ $312.00+6.94%
1/25/2023KeyCorp
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 Initiated CoverageSector Weight ➝ Sector Weight
12/14/2022Cowen
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 Boost Target$233.00 ➝ $283.00+11.44%
7/28/2022Edward Jones
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 UpgradeHold ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 10:20 PM ET.

SYK Forecast - Frequently Asked Questions

What is Stryker's forecast for 2024?

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Stryker is $370.32, with a high forecast of $406.00 and a low forecast of $315.00.

Should I buy or sell Stryker stock right now?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stryker in the last year. There are currently 4 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SYK shares.

Does Stryker's stock price have much upside?

According to analysts, Stryker's stock has a predicted upside of 12.49% based on their 12-month stock forecasts.

Has Stryker been upgraded by Wall Street analysts recently?

Over the previous 90 days, Stryker's stock had 1 upgrade by analysts.

What analysts cover Stryker?
Do Wall Street analysts like Stryker more than its competitors?

Analysts like Stryker more than other "medical" companies. The consensus rating score for Stryker is 2.79 while the average consensus rating score for "medical" companies is 2.71. Learn more on how SYK compares to other companies.


This page (NYSE:SYK) was last updated on 7/13/2024 by MarketBeat.com Staff

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