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Stifel Nicolaus Remains a Buy on Zimmer Biomet Holdings (ZBH)

Tipranks - Sat Mar 7, 7:02AM CST

Stifel Nicolaus analyst Rick Wise maintained a Buy rating on Zimmer Biomet Holdings today and set a price target of $110.00.

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Wise covers the Healthcare sector, focusing on stocks such as Boston Scientific, Edwards Lifesciences, and Outset Medical. According to TipRanks, Wise has an average return of -0.8% and a 48.40% success rate on recommended stocks.

In addition to Stifel Nicolaus, Zimmer Biomet Holdings also received a Buy from BTIG’s Ryan Zimmerman in a report issued on February 18. However, on March 2, Bank of America Securities maintained 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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