Upbeat broker recommendations for Thermo Fisher Scientific Inc
The Thermo Fisher Scientific Inc (NYQ:TMO) share price has risen by 5.92% over the past month and it’s currently trading at 350.09. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.
According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Thermo Fisher Scientific Inc currently has:
- 9 Buy recommendations
- 4 Hold recommendations
- 0 Sell recommendations
This suggests that analysts are generally positive about the outlook.
At its current price of 350.09, shares in Thermo Fisher Scientific Inc are trading at a discount of -0.72% to its 52 week high price. The 1-year performance of the shares has been 30.8%.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Thermo Fisher Scientific Inc it's worth doing some investigation yourself.
While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Thermo Fisher Scientific it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Thermo Fisher Scientific that you can find out about here.
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