Post-SafeWire acquisition, Barclays starts covering Stryker’s stock: 6 takeaways

Barclays started coverage on Stryker shares, according to a report by The Vista Voice.

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Here are six takeaways:

 

1. Barclays issued an “underweight” rating and a $107.00 price target on the company’s stock.

 

2. Stryker stock presently has a consensus rating of “hold” and a consensus price target of $102.14.

 

3. The company’s 50-day moving average is $104.43 and its 200-day moving average is $97.59.

 

4. Stryker has a 12-month low of $86.68 and a 12-month high of $109.79.

 

5. The stock has a market cap of $40.38 billion.

 

6. On April 11, Stryker Spine acquired SafeWire’s product portfolio.

 

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Stryker Spine acquires SafeWire, builds on MIS presence — 5 things to know

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