Berenberg Bank Reiterates “€80.00” Price Target for Carl Zeiss Meditec (AFX)

Berenberg Bank set a €80.00 ($93.02) target price on Carl Zeiss Meditec (ETR:AFX) in a report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other brokerages have also weighed in on AFX. Independent Research set a €77.50 ($90.12) price objective on shares of Carl Zeiss Meditec and gave the stock a sell rating in a report on Tuesday, May 7th. Deutsche Bank set a €80.00 ($93.02) price objective on shares of Carl Zeiss Meditec and gave the stock a neutral rating in a report on Friday, May 17th. HSBC set a €84.00 ($97.67) price objective on shares of Carl Zeiss Meditec and gave the stock a neutral rating in a report on Tuesday, May 7th. Nord/LB set a €92.00 ($106.98) price objective on shares of Carl Zeiss Meditec and gave the stock a neutral rating in a report on Wednesday, May 8th. Finally, Hauck & Aufhaeuser set a €78.50 ($91.28) price objective on shares of Carl Zeiss Meditec and gave the stock a neutral rating in a report on Thursday, January 24th. Three analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of Hold and an average target price of €78.25 ($90.99).

Shares of AFX opened at €88.45 ($102.85) on Wednesday. The company has a market capitalization of $7.84 billion and a PE ratio of 61.68. The company has a debt-to-equity ratio of 4.55, a current ratio of 4.11 and a quick ratio of 3.09. Carl Zeiss Meditec has a fifty-two week low of €56.90 ($66.16) and a fifty-two week high of €90.60 ($105.35).

Carl Zeiss Meditec Company Profile

Carl Zeiss Meditec AG operates as a medical technology company in Germany, the United States, Japan, other Europe countries, and internationally. It operates through two segments, Ophthalmic Devices and Microsurgery. The Ophthalmic Devices segment offers optical biometers, ophthalmic surgical microscopes, phacoemulsification/vitrectomy devices, intraocular lenses, and ophthalmic viscoelastic products for the diagnosis and treatment of ophthalmic diseases in the field of cataract and retinal surgery.

Featured Article: What is the CBOE Russell 2000® Volatility Index?

Analyst Recommendations for Carl Zeiss Meditec (ETR:AFX)

Receive News & Ratings for Carl Zeiss Meditec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carl Zeiss Meditec and related companies with MarketBeat.com's FREE daily email newsletter.