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Thermo Fisher Scientific Inc has a consensus price target of $643.29 based on the ratings of 26 analysts. The high is $718 issued by RBC Capital on October 24, 2024. The low is $520 issued by Wells Fargo on July 28, 2023. The 3 most-recent analyst ratings were released by Bernstein, RBC Capital, and Stifel on October 24, 2024, respectively. With an average price target of $667.67 between Bernstein, RBC Capital, and Stifel, there's an implied 30.19% upside for Thermo Fisher Scientific Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Thermo Fisher Scientific (NYSE:TMO) was reported by Bernstein on October 24, 2024. The analyst firm set a price target for $620.00 expecting TMO to rise to within 12 months (a possible 20.90% upside). 42 analyst firms have reported ratings in the last year.
The latest analyst rating for Thermo Fisher Scientific (NYSE:TMO) was provided by Bernstein, and Thermo Fisher Scientific maintained their market perform rating.
The last upgrade for Thermo Fisher Scientific Inc happened on July 13, 2023 when Credit Suisse raised their price target to $620. Credit Suisse previously had a neutral for Thermo Fisher Scientific Inc.
The last downgrade for Thermo Fisher Scientific Inc happened on January 24, 2024 when Barclays changed their price target from $475 to $555 for Thermo Fisher Scientific Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Thermo Fisher Scientific, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Thermo Fisher Scientific was filed on October 24, 2024 so you should expect the next rating to be made available sometime around October 24, 2025.
While ratings are subjective and will change, the latest Thermo Fisher Scientific (TMO) rating was a maintained with a price target of $625.00 to $620.00. The current price Thermo Fisher Scientific (TMO) is trading at is $512.84, which is out of the analyst’s predicted range.
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