MMSI Have Been Rated ‘Buy’ by Most of the Brokerage Firms

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MMSI
MMSI

The stocks of MMSI have been given an average rating of ‘Buy’ from close to ten research analysts who have been working on the company. Out of them, three of the investment analysts have already rated the stocks with a recommendation of hold, while six of them have given it a recommendation of buy. One of the research analysts has given it a rating of strong buy. Currently, the target price of the company over a year is $61.29.

The Investment Firms on MMSI

There have been quite a few investment firms that have interested in the business of MMSI. BidaskClub has already upgraded the stocks of the company from ‘buy’ to ‘strong buy’ in one of their research notes. Barrington Research has also increased the target price of the company from $54 to $62 while giving the stock a rating of ‘outperform’. Canaccord Genuity deliberately elevated the target price of the company from $51 to $55, along with a rating of ‘buy’ for the stocks. Sidoti also increased the target price from $63 to $72. 

The shares of MMSI did trade at $53.50 last week. The market cap of the stock is $2.97 billion, with a PE ratio of -100.94, a PEG ratio of 2.85, and a beta set at 1.23. The year low for the firm is $25.18, while the year high is set at around $58.70. The debt-to-equity ratio of the firm is 0.37, with a current ratio that has been fixed at 2.34, and a quick ratio established at 1.21. The moving average of the company over a period of 50-days is $53.48. The moving average of the company over the course of 200-days is $47.27.