Leerink Partners analyst Richard Newitter maintained a Hold rating on Becton Dickinson (NYSE:BDX) And Company on Wednesday, setting a price target of $277, which is approximately 7.61% above the present share price of $257.41.
Newitter expects Becton Dickinson And Company to post earnings per share (EPS) of $0.53 for the third quarter of 2020.
The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in Becton Dickinson, with an average price target of $277.45.
The analysts price targets range from a high of $300 to a low of $248.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $4.25 billion and a net profit of $444 million. The company's market cap is $77.67 billion.
According to TipRanks.com, Leerink Partners analyst Richard Newitter is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 22.5% and a 66.12% success rate.
Becton, Dickinson & Co. is a medical technology company. The firm engages in the development, manufacture and sale of medical supplies, devices, laboratory equipment and diagnostic products used by healthcare institutions, physicians, life science researchers, clinical laboratories, the pharmaceutical industry and the general public. It operates through the following segments: BD Medical, BD Life Sciences and BD Interventional. The BD Medical segment produces medical technologies and devices that are used to help improve healthcare delivery. The BD Life Sciences segment provides products for the safe collection and transport of diagnostics specimens, and instruments and reagent systems to detect infectious diseases, healthcare-associated infections and cancers. The BD Interventional segment provides vascular, urology, oncology and surgical specialty products to hospitals, individual healthcare professionals, extended care facilities, alternate site facilities, and patients via Homecare business. The company was founded in 1897 and is headquartered in Franklin Lakes, NJ.