Berenberg Bank set a €48.00 ($57.14) target price on Carl Zeiss Meditec AG (ETR:AFX) in a research report sent to investors on Wednesday. The brokerage currently has a buy rating on the stock.

Several other research firms have also issued reports on AFX. Independent Research GmbH set a €44.00 ($52.38) price target on shares of Carl Zeiss Meditec AG and gave the stock a neutral rating in a research report on Tuesday, August 15th. DZ Bank AG reaffirmed a sell rating on shares of Carl Zeiss Meditec AG in a research note on Tuesday, August 8th. Commerzbank Ag set a €42.00 ($50.00) price objective on shares of Carl Zeiss Meditec AG and gave the stock a neutral rating in a research note on Tuesday, August 8th. Deutsche Bank AG set a €40.00 ($47.62) price objective on shares of Carl Zeiss Meditec AG and gave the stock a neutral rating in a research note on Tuesday, August 8th. Finally, Kepler Capital Markets set a €48.50 ($57.74) price objective on shares of Carl Zeiss Meditec AG and gave the stock a buy rating in a research note on Monday, August 7th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. Carl Zeiss Meditec AG presently has a consensus rating of Hold and a consensus target price of €45.75 ($54.46).

Carl Zeiss Meditec AG (ETR:AFX) traded down 0.704% during midday trading on Wednesday, reaching €41.602. The company had a trading volume of 801 shares. Carl Zeiss Meditec AG has a 52-week low of €30.80 and a 52-week high of €47.80. The company has a market capitalization of €3.72 billion and a P/E ratio of 28.109. The company’s 50 day moving average is €42.88 and its 200-day moving average is €43.41.

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Carl Zeiss Meditec AG Company Profile

Carl Zeiss Meditec AG operates as a medical technology company worldwide. It operates through Ophthalmic Devices and Microsurgery segments. The Ophthalmic Devices segment offers optical biometers, ophthalmic microscopes, phacoemulsification/vitrectomy devices, intraocular lenses, and ophthalmic viscoelastic products for the diagnosis and treatment of ophthalmic diseases in the field of cataract and retinal surgery.

Analyst Recommendations for Carl Zeiss Meditec AG (ETR:AFX)

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