Zacks Rating on Thermo Fisher Scientific Inc (TMO)

Thermo Fisher Scientific Inc (TMO) : The consensus on Thermo Fisher Scientific Inc (TMO) based on 13 analyst recommendation on the company stock is 1.5, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 10 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Thermo Fisher Scientific Inc (TMO) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $177 and the lowest price target forecast is $105. The average forecast of all the analysts is $162 and the expected standard deviation is $20.99.


Thermo Fisher Scientific, Inc. has lost 0.27% in the last five trading days and dropped 1.55% in the last 4 weeks. Thermo Fisher Scientific, Inc. is up 2.67% in the last 3-month period. Year-to-Date the stock performance stands at 9.18%. Thermo Fisher Scientific Inc (NYSE:TMO): stock turned positive on Tuesday. Though the stock opened at $154.56, the bulls momentum made the stock top out at $156.19 level for the day. The stock recorded a low of $154.17 and closed the trading day at $154.55, in the green by 0.36%. The total traded volume for the day was 1,064,654. The stock had closed at $153.99 in the previous days trading.

Thermo Fisher Scientific Inc. is a provider of analytical instruments, equipment, reagents and consumables, software and services for research, manufacturing, analysis, discovery and diagnostics. The company operates through four segments: Life Sciences Solutions, provides reagents, instruments and consumables used in biological and medical research, discovery and production of new drugs and vaccines as well as diagnosis of disease; Analytical Instruments, provides instruments, consumables, software and services that are used in the laboratory; Specialty Diagnostics, offers diagnostic test kits, reagents, culture media, instruments and associated products, and Laboratory Products and Services, offers self-manufactured and sourced products for the laboratory.

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