Is Medtronic Stock a Buy?
Medical device manufacturer Medtronic (NYSE: MDT) is a healthcare industry stalwart. The company, based in the U.S. and Ireland, is one of the largest in its segment, developing and selling a diverse portfolio of products that includes hospital equipment and devices for cardiovascular care and diabetes.
Sustained success has enabled it to reward shareholders with regularly growing dividends. After 47 consecutive years of payout hikes, it's approaching Dividend King status.
Over the past half-century, with dividends reinvested, Medtronic has delivered a total return of almost 60,000% -- a near 600-bagger -- but today, it's trading more than 20% below the all-time high it hit in September 2021. Is the stock a buy now?
Source Fool.com
Medtronic plc Stock
€85.26
0.210%
The stock is one of the favorites of our community with 24 Buy predictions and 1 Sell predictions.
With a target price of 89 € there is a slightly positive potential of 4.39% for Medtronic plc compared to the current price of 85.26 €.
