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BTIG Sticks to Its Buy Rating for Zimmer Biomet Holdings (ZBH)

Tipranks - Sat Feb 21, 11:00AM CST

BTIG analyst Ryan Zimmerman maintained a Buy rating on Zimmer Biomet Holdings on February 18 and set a price target of $112.00.

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According to TipRanks, Zimmerman is an analyst with an average return of -0.6% and a 40.80% success rate. Zimmerman covers the Healthcare sector, focusing on stocks such as Stryker, Zimmer Biomet Holdings, and Organogenesis Holdings.

In addition to BTIG, Zimmer Biomet Holdings also received a Buy from TipRanks – PerPlexity’s PerPlexity Medical – Devices in a report issued on February 11. However, today, William Blair initiated coverage with a Hold rating on Zimmer Biomet Holdings (NYSE: ZBH).

Based on Zimmer Biomet Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.24 billion and a net profit of $139.5 million. In comparison, last year the company earned a revenue of $2.02 billion and had a net profit of $239.5 million

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