Impact of Brokerage Rating on Thermo Fisher Scientific Inc(TMO)

Many Thermo Fisher Scientific Inc(TMO) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Thermo Fisher Scientific was Initiated by Deutsche Bank on Jan 18, 2017 to Buy, Price Target of the shares are set at $163.

Company has reported several Insider transactions to the SEC, on Sep 6, 2016, Marc N Casper (Chief Executive Officer) sold 28,797 shares at 151.01 per share price.On Aug 31, 2016, Daniel P Shine (Senior Vice President) sold 1,699 shares at 152.28 per share price.On Aug 31, 2016, Thomas W Loewald (Senior Vice President) sold 3,256 shares at 152.28 per share price.

Thermo Fisher Scientific Last issued its quarterly earnings results on Jan 31, 2017. The company reported $2.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $2.38. The company had revenue of $4953.20 million for the quarter, compared to analysts expectations of $4989.01 million. The companys revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.12 EPS.

Thermo Fisher Scientific Inc (NYSE:TMO) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.43 by 15 Brokerage Firm. 12 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 1 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

Thermo Fisher Scientific Inc (NYSE:TMO) stock has received a short term price target of $ 168.54 from 13 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $20.17. The higher estimate of target price is $180 , while the lower price target estimate is $105

Thermo Fisher Scientific Inc (NYSE:TMO) rose 0.59% or 0.93 points on Tuesday and made its way into the gainers of the day. After trading began at $155.94 the stock was seen hitting $157.33 as a peak level and $155.42 as the lowest level. The stock ended up at $157.28. The daily volume was measured at 1,429,800 shares. The 52-week high of the share price is $160.675 and the 52-week low is $126.42. The company has a market cap of $62,130 million.

Thermo Fisher Scientific Inc. provides analytical instruments, equipment, reagents and consumables, software, and services for research, manufacturing, analysis, discovery, and diagnostics. The Companys four premier brands include Thermo Scientific, Life Technologies, Fisher Scientific and Unity Lab Services. Its portfolio of products includes technologies for mass spectrometry, elemental analysis, molecular spectroscopy, sample preparation, informatics, purity chemistry production, protein analysis, Ribonucleic acid (RNA)-interference techniques, immunodiagnos. Thermo Fisher Scientific Inc. is headquartered in Waltham, Massachusetts.

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