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Price
Target price
€73.77

€73.77

0.750%
0.55
0.750%
€91.57
 
24.07.24 / Tradegate WKN: A14M2J / Symbol: MDT / Name: Medtronic / Stock / Healthcare Equipment & Supplies / Large Cap /
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Medtronic plc Stock

Medtronic plc gained 0.750% compared to yesterday.
We see a rather positive sentiment for Medtronic plc with 7 Buy predictions and 2 Sell predictions.
With a target price of 91 € there is a positive potential of 23.36% for Medtronic plc compared to the current price of 73.77 €.
Our community identified positive and negative aspects for Medtronic plc stock for the coming years. 3 users see the criterium "Worthwhile Investment for the next years" as a plus for the Medtronic plc stock. On the other hand our users think that "General Risks" could be a problem in the future.

Pros and Cons of Medtronic plc in the next few years

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Performance of Medtronic plc vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Medtronic plc 0.750% -0.753% -2.266% -8.086% -1.324% -32.445% -18.934%
Dexcom Inc. -0.870% -1.450% 0.272% -10.547% -7.735% 5.516% 201.650%
Dentsply Sirona Inc. -0.370% -4.643% 0.839% -34.344% -25.326% -55.516% -52.781%
Zimmer Holdings -0.690% 0.443% 0.990% -20.437% -7.273% -24.945% -7.575%

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-04-19

Upon first glance at Medtronic's financials, the company appears to be a strong player in the Healthcare Equipment & Supplies sector. Over the years, Medtronic has demonstrated relatively stable financial performance, which is a desirable attribute for a healthcare company. However, more in-depth analysis is needed to better understand the pros and cons of its financial situation.

Revenue Growth: Medtronic's total revenue has experienced consistent growth over the last three years as seen in the yearly income statements. In 2020, the company recorded total revenue of $28.913 billion which increased to $30.117 billion in 2021, and further to $31.686 billion in 2022.

Increasing Gross Profit: Medtronic has seen a rise in its gross profit, from $19.489 billion in 2020 to $19.634 billion in 2021, and eventually $21.541 billion in 2022. This implies that the company is becoming more efficient in its manufacturing and supply chain activities, which is a good sign for potential investors.

Comments

Prediction Buy
Perf. (%) -1.75%
Target price 96.779
Change
Ends at 24.05.25

Medtronic plc (NYSE: MDT) had its price target raised by analysts at Wells Fargo & Company from $102.00 to $105.00. They now have an "overweight" rating on the stock.
Ratings data for MDT provided by MarketBeat
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Prediction Sell
Perf. (%) -1.42%
Target price 70.034
Change
Ends at 24.05.25

Medtronic plc (NYSE: MDT) had its price target raised by analysts at UBS Group AG from $75.00 to $76.00. They now have a "sell" rating on the stock.
Ratings data for MDT provided by MarketBeat
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Prediction Buy
Perf. (%) -4.47%
Target price 90.601
Change
Ends at 21.02.25

Medtronic plc (NYSE: MDT) had its price target raised by analysts at Mizuho from $95.00 to $98.00. They now have a "buy" rating on the stock.
Ratings data for MDT provided by MarketBeat
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News

How Much Will Medtronic Pay Out in Dividends This Year?: https://g.foolcdn.com/editorial/images/783445/medical-professional-holding-dollar-sign-paperweight.jpg
How Much Will Medtronic Pay Out in Dividends This Year?

Medtronic (NYSE: MDT), a beast of a medical-device company, has caught the eye of more than a few income investors. It has enacted dividend raises at least once annually for a hard-to-beat 47 years

3 High-Yield Dividend Stocks to Buy in the 2nd Half of 2024 and Hold at Least a Decade: https://g.foolcdn.com/editorial/images/783355/investor-sofa-laptop-getty.jpg
3 High-Yield Dividend Stocks to Buy in the 2nd Half of 2024 and Hold at Least a Decade

The market's been on a bull run, but most of the gains have been confined to a handful of tech stocks at the top. There are still plenty of high-yield dividend stocks that haven't gained as much

2 Healthcare Stocks to Buy Hand Over Fist This Month: https://g.foolcdn.com/editorial/images/782612/doctor-and-patient-in-a-hospital-room.jpg
2 Healthcare Stocks to Buy Hand Over Fist This Month

Healthcare never sleeps. There is always demand for medical services, regardless of the state of the economy. Companies that offer these necessary goods and are innovative enough to keep up with the