Analysts have clear opinions on MDT.
There are 14 analysts on the Wall offering 12 month price targets for Medtronic in the last 3 months. The average price target is $126.21 with a high forecast of $135.00 and a low forecast of $118.00. The average price target represents a 7.57% increase from the last price of $117.33.
Medtronic plc (MDT) is followed by 14 analysts on the street.
Matt Miksic from Credit Suisse rates it a Buy with a target of $126.00.
Similarly, 8 days ago Kaila Krum of SunTrust Robinson Initiated a Buy with a target of $130.00.
The consensus on the street is Strong Buy.
What does Medtronic plc(MDT) do ?
Medtronic Plc is a medical technology company, which engages in the development, manufacture, distribution, and sale of device-based medical therapies and services. It operates through the following segments: Cardiac and Vascular Group; Minimally Invasive Technologies Group; Restorative Therapies Group; and Diabetes Group. The Cardiac and Vascular Group segment consist Cardiac Rhythm and Heart Failure, Coronary and Structural Heart, and Aortic and Peripheral Vascular divisions. The Minimally Invasive Technologies Group segment comprises Surgical Innovations and Respiratory, Gastrointestinal, and Renal divisions. The Restorative Therapies Group contains Spine, Brain, Specialty Therapies, and Pain Therapies divisions. The Diabetes Group segment focuses in the development, manufacturing, and marketing of products and services for the management of Type I and Type II diabetes. The company was founded in 1949 and is headquartered in Dublin, Ireland.
Medtronic plc (MDT) Insider Trades
Multiple company employees have indulged in significant insider trading. Medtronic plc disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
SVP, Chief Medical, Science, Kuntz Richard : S – Sale+OE(-$5,776,101) of MDT in the trading session of 2019-12-24.
Dir Anderson Richard H : P – Purchase(+$566,450) of MDT in the trading session of 2019-12-06.
EVP, Pres MITG White Robert John : S – Sale+OE(-$5,770,829) of Medtronic plc in the trading session of 2019-12-02.
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