Impact of Brokerage Rating on Stryker Corporation(SYK)

Many Stryker Corporation(SYK) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Canaccord Genuity on Jan 25, 2017 to Buy, Raises Price Target to $ 137 from a previous price target of $127 .Stryker Corporation was Downgraded by Needham to Underperform on Jan 6, 2017.

Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Roch Doliveux (director) purchased 41 shares at 123.12 per share price.On Jan 31, 2017, Louise Francesconi (director) sold 3,716 shares at 122.34 per share price.On Jan 5, 2017, Yin C Becker (VP, Comm. and Public Affairs) sold 11,660 shares at 120.22 per share price.

Stryker Corporation Last issued its quarterly earnings results on Jan 24, 2017. The company reported $1.78 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $1.76. The company had revenue of $3157.00 million for the quarter, compared to analysts expectations of $3148.44 million. The companys revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.56 EPS.

Stryker Corporation (NYSE:SYK) 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 1.9 by 24 Brokerage Firm. 14 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.

Stryker Corporation (NYSE:SYK): The mean estimate for the short term price target for Stryker Corporation (NYSE:SYK) stands at $131.59 according to 17 Analysts. The higher price target estimate for the stock has been calculated at $138 while the lower price target estimate is at $120.

Stryker Corporation (NYSE:SYK) rose 0.75% or 0.93 points on Tuesday and made its way into the gainers of the day. After trading began at $124.43 the stock was seen hitting $125.51 as a peak level and $123.84 as the lowest level. The stock ended up at $125.26. The daily volume was measured at 1,125,201 shares. The 52-week high of the share price is $127.23 and the 52-week low is $95.79. The company has a market cap of $46,707 million.

Stryker Corporation develops, manufactures, and markets specialty surgical and medical products, including orthopaedic implants, bone cement, trauma systems used in bone repair, powered surgical instruments, endoscopic systems, craniomaxillofacial fixation devices, specialty surgical equipment used in neurosurgery and patient care and handling equipment for the global market and provide outpatient physical and occupational rehabilitation services.


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