Analyst Rating Update on Thermo Fisher Scientific Inc (TMO)

Thermo Fisher Scientific Inc (TMO) has an average broker rating of 1.46, which is interpreted as a Strong Buy, as rated by 14 equity analysts. Nonetheless, 11 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Thermo Fisher Scientific Inc (TMO) : 10 Wall Street analysts covering Thermo Fisher Scientific Inc (TMO) believe that the average level the stock could reach for the short term is $162. The maximum price target given is $177 and the minimum target for short term is around $105, hence the standard deviation is calculated at $20.99.

For the current week, the company shares have a recommendation consensus of Buy.


Thermo Fisher Scientific Inc (NYSE:TMO): The stock opened at $156.83 on Wednesday but the bulls could not build on the opening and the stock topped out at $156.83 for the day. The stock traded down to $155.67 during the day, due to lack of any buying support eventually closed down at $156.00 with a loss of -0.28% for the day. The stock had closed at $156.44 on the previous day. The total traded volume was 1,039,666 shares.

Thermo Fisher Scientific Inc. is a provider of analytical instruments, equipment, reagents and consumables, software and services for research, manufacturing, analysis, discovery and diagnostics. The company operates through four segments: Life Sciences Solutions, provides reagents, instruments and consumables used in biological and medical research, discovery and production of new drugs and vaccines as well as diagnosis of disease; Analytical Instruments, provides instruments, consumables, software and services that are used in the laboratory; Specialty Diagnostics, offers diagnostic test kits, reagents, culture media, instruments and associated products, and Laboratory Products and Services, offers self-manufactured and sourced products for the laboratory.

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