UK markets open in 1 hour 58 minutes
  • NIKKEI 225

    23,424.83
    -60.97 (-0.26%)
     
  • HANG SENG

    24,798.36
    +11.17 (+0.05%)
     
  • CRUDE OIL

    38.78
    -0.79 (-2.00%)
     
  • GOLD FUTURES

    1,911.10
    -0.80 (-0.04%)
     
  • DOW

    27,463.19
    -222.19 (-0.80%)
     
  • BTC-GBP

    10,521.64
    +0.68 (+0.01%)
     
  • CMC Crypto 200

    271.38
    +10.09 (+3.86%)
     
  • ^IXIC

    11,431.35
    +72.41 (+0.64%)
     
  • ^FTAS

    3,233.99
    -37.09 (-1.13%)
     

Brokers bullish on Zimmer Biomet shares

Ben Hobson
·1-min read

The Zimmer Biomet Holdings Inc (NYQ:ZBH) share price has risen by 13.8% over the past month and it’s currently trading at 121.14. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Zimmer Biomet Holdings Inc currently has:

  • 12 Buy recommendations

  • 8 Hold recommendations

  • 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

GET MORE DATA-DRIVEN INSIGHTS INTO NYQ:ZBH »

Researching beyond analyst forecasts

At its current price of 121.14, shares in Zimmer Biomet Holdings Inc are trading at a discount of -16.6% to its 52 week high price. The 1-year performance of the shares has been 11.5%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Zimmer Biomet Holdings Inc it's worth doing some investigation yourself.

There are all sorts of factors that could affect Zimmer Biomet Holdings Inc's share price this year – we simplify them into easy to understand scores with our Stockopedia StockReport. Click here to take a look at the StockReport for Zimmer Biomet Holdings Inc – you might discover some surprising things you didn’t know.