Thermo Fisher Scientific Inc (TMO) : 13 brokerage houses believe that Thermo Fisher Scientific Inc (TMO) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Thermo Fisher Scientific Inc (TMO). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 16 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.41.
Thermo Fisher Scientific Inc (TMO) : The consensus price target for Thermo Fisher Scientific Inc (TMO) is $160.25 for the short term with a standard deviation of $18.19. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $173, however, the pessimist price target for the company is $105.
For the current week, the company shares have a recommendation consensus of Buy.
Thermo Fisher Scientific Inc (NYSE:TMO): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $153.23 and $152.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $154.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $154.38, notching a gain of 1.34% for the day. The total traded volume was 1,188,007 . The stock had closed at $152.34 on the previous day.
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.