Becton Dickinson and Co (NYSE:BDX) was upgraded by research analysts at Vetr from a “hold” rating to a “buy” rating in a report issued on Tuesday, Marketbeat.com reports. The brokerage currently has a $155.45 price target on the stock. Vetr‘s price objective points to a potential upside of 3.47% from the company’s previous close.
Shares of Becton Dickinson and (NYSE:BDX) traded up 1.71% on Tuesday, hitting $150.24. The company’s stock had a trading volume of 2,110,488 shares. The firm has a market cap of $31.82 billion and a price-to-earnings ratio of 46.37. Becton Dickinson and has a one year low of $128.87 and a one year high of $157.50. The stock has a 50-day moving average price of $145.07 and a 200 day moving average price of $144.75.
Becton Dickinson and (NYSE:BDX) last posted its earnings results on Wednesday, February 3rd. The company reported $1.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.84 by $0.12. The firm had revenue of $2.99 billion for the quarter, compared to analysts’ expectations of $3.04 billion. The company’s revenue was up 45.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.53 earnings per share. Equities research analysts predict that Becton Dickinson and will post $8.42 EPS for the current year.
Source: American Banking and Market News