Consensus CONMED Corporation

Equities

CNMD

US2074101013

Real-time Estimate Cboe BZX 16:47:29 01/05/2024 BST 5-day change 1st Jan Change
67.66 USD -0.47% Intraday chart for CONMED Corporation -3.66% -38.41%

Evolution of the average Target Price on CONMED Corporation

Price target over the last 5 years

History of analyst recommendation changes

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Wells Fargo Adjusts Price Target on CONMED to $77 From $98, Maintains Equalweight Rating MT
Needham Lowers Price Target on CONMED to $107 From $129, Notes Slight Guidance Cut Due to Currency, Keeps Buy Rating MT
Needham Adjusts Price Target on CONMED to $129 From $119, Maintains Buy Rating MT
JPMorgan Cuts CONMED Price Target to $115 From $135, Maintains Overweight Rating MT
Piper Sandler Adjusts Price Target on CONMED to $130 From $145, Maintains Overweight Rating MT
Wells Fargo Cuts Price Target on CONMED to $107 From $123, Maintains Equalweight Rating MT
Needham Adjusts Price Target on CONMED to $140 From $139, Maintains Buy Rating MT
Keybanc Adjusts Price Target on CONMED to $141 From $131, Maintains Overweight Rating MT
Needham Raises Price Target on CONMED to $139 From $135, Keeps Buy Rating MT
CL King Starts CONMED at Buy With $140 Price Target MT
Piper Sandler Raises CONMED's Price Target to $128 From $118, Maintains Overweight Rating MT
Wells Fargo Adjusts Price Target on CONMED to $119 From $96, Maintains Equal-Weight Rating MT
Needham Adjusts Price Target on CONMED to $135 From $122, Reiterates Buy Rating MT
Keybanc Adjusts Price Target on CONMED to $131 From $124, Maintains Overweight Rating MT
CONMED Upgraded by KeyBanc to Overweight From Sector Weight, Price Target Set at $124; Firm Sees Financial Profile Improving MT
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Needham Raises Price Target on CONMED to $122 From $106, Maintains Buy Rating MT
Piper Sandler Adjusts CONMED's Price Target to $118 From $108, Maintains Overweight Rating MT
Needham Cuts Price Target on CONMED to $90 From $123, Citing Currency Headwind, Inflation, Peer Multiple Contraction; Buy Rating Kept MT
Jefferies Starts CONMED at Hold With $85 Price Target MT
Needham Trims CONMED's Price Target to $123 From $127 on Near-Term Earnings Dilution From Biorez Deal; Buy Rating Kept MT
Piper Sandler Adjusts CONMED's Price Target to $118 From $160, Reiterates Overweight Rating MT
Needham Adjusts CONMED's Price Target to $127 From $155, Noting Currency Headwinds, Keeps Buy Rating Amid Accelerating Growth MT
Stifel Nicolaus Adjusts Price Target for CONMED to $110 From $160, Maintains Buy Rating MT
Needham Lifts CONMED's Price Target to $155 From $150 on In2Bones Acquisition, Reiterates Buy Rating MT
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Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
67.98 USD
Average target price
92.38 USD
Spread / Average Target
+35.89%
High Price Target
132 USD
Spread / Highest target
+94.17%
Low Price Target
75 USD
Spread / Lowest Target
+10.33%

Consensus detail

Consensus revision (last 18 months)

Analysts covering CONMED Corporation

Needham & Co.
Wells Fargo Securities
JPMorgan Chase
Piper Sandler
KeyBanc Capital Markets
CL King
Jefferies & Co.
Stifel Nicolaus
UBS
Barclays
Trading Rating
Investor Rating
ESG Refinitiv
B-
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