Northland Securities analyst Jason Wittes maintained a Hold rating on Stryker Corporation (NYSE:SYK) on Wednesday, setting a price target of $248, which is approximately 6.43% below the present share price of $265.03.
Wittes expects Stryker Corporation to post earnings per share (EPS) of $1.51 for the second quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Stryker, with an average price target of $277.
The analysts price targets range from a high of $303 to a low of $248.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $4.26 billion and a net profit of $770 million. The company's market cap is $99.74 billion.
According to TipRanks.com, Northland Securities analyst Jason Wittes is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 16.8% and a 64.02% success rate.
Michigan-based Stryker Corp. was founded in 1941. The company provides medical technology products and services. It operates its business through the following segments: Orthopaedics, MedSurg and Neurotechnology and Spine.