4 Healthcare Stocks That Wall Street Analysts Love

Dec 16, 2021

4 Healthcare Stocks That Wall Street Analysts Love

Are you looking for a value in healthcare? Pay attention to the industry's less visible nooks and crannies.

This list focuses on those healthcare firms that Wall Street experts believe have the most room to rise.

A screening of the S&P 500 healthcare companies was conducted to find those whose average analyst price targets suggest returns of a minimum of 25%, as estimated by FactSet. Among these equities were found those rated as Buy or Overweight by at least 65% of experts. The aim was to limit the list to firms that are generally popular and to filter out companies whose average target prices may be distorted by one or two particularly optimistic predictions.

Stocks that have made a comeback are not among the biotech ones. Considering the recent hammering of prominent biotech stocks in the S&P 500, such as Moderna (MRNA), that's hardly surprising. They are also not pharmaceutical companies.

Instead, the equities that have received favorable scores are mostly medical-device manufacturers. Medtronic (MDT), Teleflex (TFX), and Zimmer Biomet Holdings (ZBH) all passed the screening. Catalent (CTLT), a provider of delivery technologies and consumer health products, completes the list.

These Four Healthcare Equities Are Analysts' Favorites

About 65% of experts rank these healthcare companies as Buys or Overweights, with target prices indicating over 25% upside.

https://liquidity-provider.com/app/uploads/2021/12/unnamed-19.png

The medical-device firms have underperformed the market this year. The iShares U.S. Medical Devices ETF (IHI) gained 15.3% this year, behind the broader medical sector and lagging the S&P 500.

The virus and its refusal to back down has taken a heavy toll on businesses. When clinics stopped routine operations in 2020, medical equipment sales plummeted. The Delta wave struck again later this year, just as medical-device producers believed the situation was slowly improving.

Medtronic is a prime example. Back then, in August, company bosses were full of optimism, claiming that sales had increased 19% on an organic basis for the quarter ending July 30 and that the coronavirus' influence was waning. Nothing like that happened. Sales for the third quarter ended in October fell short of Wall Street's forecasts, prompting Medtronic to reduce its income projections.

"What has changed that we had not completely realized was the lack of nurses in the United States," Chairman and CEO Geoff Martha said. Although hospital beds were not always filled with COVID-19 patients, a nursing shortage caused by the pandemic implied that clinics could not provide treatments involving Medtronic's equipment.

Given the development of the Omicron form, the pandemic crisis in the United States does not appear to be improving in the near future. Experts, on the other hand, are optimistic about equities. Medtronic's consensus analyst target price is $160.46, representing a 28.5% increase from its current price of $124.88. Teleflex's consensus analyst target price is $430.20, representing a 34.1% increase from its current price of $320.76. The median analyst target price for Zimmer Biomet Holdings is $166.36, 32.6% more than its current price of $125.46.

Catalent, on the other hand, has a median analyst target price of $160.46, representing a 28.5% increase from its previous price of $124.88. Catalent is a global provider of delivery technologies, development, drug manufacturing, biologics, gene therapies, and consumer health products. Since the start of the year, the stock has increased 18.1%.

Subscribe Our Newsletter

Apple’s New AI: Improving Customer Experience

Oto

Apple’s New AI: A Giant Leap in the User Experience

Apple's new AI enhances iPhone, iPad, and Mac with advanced personalization and functionality, including ChatGPT integration, improving user experience.

AI
Gas Traders Worry Prices Could Plunge After Volatile Winter
Gas Traders Worry Prices Could Plunge After Volatile Winter

The worst is yet to come, with severe winter temperatures predicted for many regions of the world, although concerns that the market will continue to be out of balance for most of next year persist.

Stocks
B2BROKER Liquidity B2BROKER Liquidity
Sponsored
Alexander

Is Now a Good Time to Invest? Exploring Investment Opportunities in 2023
In the world of investing, timing is everything. As an investor, you may often wonder if now is a good time to invest. With market fluctuations and economic uncertainties, it can be challenging to determine whether you need to start investing now or wait until the right time comes.

discover
5 Best AI ETFs

Alexander

5 Best AI ETFs for 2023-2024

In today's fast-paced world of technology, there is one phenomenon that is capturing global attention – Artificial Intelligence (AI). With its ever-growing capabilities and potential, AI is quickly becoming a driving force in various industries, from healthcare to finance, transportation, and more.

Investing
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiriesb2broker

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Hazem

    MetaTrader vs cTrader: Which Trading Platform Shall You Choose?

    MetaTrader vs cTrader: The Full Breakdown

    Сonstantine

    Will Dogecoin Reach $1? Tokenomics and Price Analysis

    Will Dogecoin Reach 1 Dollar Analysis

    Сonstantine

    How to Get a Crypto Exchange License?

    How to Get Crypto Exchange License

    Сonstantine

    Best Crypto to Buy Now: Guide for Investors

    Best Crypto To Buy Now

    Hazem

    Grok vs ChatGPT: What’s the Best AI Assistant You Need in 2025

    Grok vs ChatGPT

    Сonstantine

    How to Choose the Right Liquidity Provider for Your Brokerage

    How to Choose the Right Liquidity Provider for Your Brokerage

    Сonstantine

    Low-Latency Trading Defined: Speed, Strategy and Technology

    Low-Latency Trading Explained

    Hazem

    How Liquidity Depth Affects Slippage in High-Volume Trading

    Liquidity depth and slippage in trading

    Hazem

    What is FIX API Liquidity Connection and How Does it Power Institutional Trading?

    FIX API in institutional trading

    Сonstantine

    OTC Trading Strategies and Technologies to Succeed in Over-the-Counter Markets

    OTC Trading Strategies

    Alexander

    What is OTC Trading? A Complete Guide for 2025

    what is OTC

    Alexander

    Synthetic Futures: A Trader’s Guide to Replicating Positions with Options

    How to Trade Synthetic Futures

    Сonstantine

    Order Book Depth: What It Is And Why It Matters?

    Order Book Depth What It is And Why It Matters

    Alexander

    Spot vs Perpetual Futures: Which Is Right for You?

    Spot vs Perpetual Futures explained

    Hazem

    5 Reasons Traders Are Switching to Perpetual Futures

    5 Reasons to Switch to Perpetual Futures

    Constantine

    Top 3 Liquidity Challenges Facing New Exchanges and How to Solve Them

    Top 3 Liquidity Challenges Facing New Exchanges Today

    Constantine

    Financial Planning in the Cryptocurrency Era — Master Crypto and Digital Asset Strategies

    Financial Planning in the Cryptocurrency Era

    Hazem

    Best Platforms to Trade Perpetual Futures in 2025

    Best platforms to trade perpetual futures in 2025

    Alex

    Top 10 Fintech Website Development Agencies for 2025

    Best Fintech Website Development Agencies for 2025

    Сonstantine

    Internal vs External Range Liquidity In ICT Trading Explained

    Internal vs External Range Liquidity In ICT Trading

    Constantine

    Portfolio Backtesting — Tools, Metrics, and Methods Explained

    Portfolio Backtesting

    Сonstantine

    ICT Trading Explained: Smart Money Concepts, Tools and Setups

    ICT Trading Explained

    Сonstantine

    CFD Trading Strategies: A Practical Guide to Risk and Execution

    CFD Trading Strategies

    Alexander

    What is a Fair Value Gap? A Guide to Trading Market Imbalances

    What is Fair Value Gap
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.