Thermo Fisher Scientific Inc. Share Price Target ‘$656.23’, now 21.1% Upside Potential

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Thermo Fisher Scientific Inc. which can be found using ticker (TMO) now have 27 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $767.00 and $600.00 and has a mean share price target at $656.23. (at the time of writing). Given that the stocks previous close was at $541.90 this would indicate that there is a potential upside of 21.1%. The 50 day moving average now sits at $588.41 while the 200 day moving average is $578.77. The company has a market cap of 203.88B. Currently the stock stands at: $533.02 USD

The potential market cap would be $246,895,893,156 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 33.44, revenue per share of $110.63 and a 4.67% return on assets.

Thermo Fisher Scientific Inc. is engaged in serving science. The Company operates through four segments. Life Sciences Solutions segment provides a portfolio of reagents, instruments and consumables used in biological and medical research, discovery and production of new drugs and vaccines, as well as diagnosis of infection and disease. Analytical Instruments segment provides an offering of instruments and the supporting consumables, software and services that are used for a range of applications. Specialty Diagnostics segment offers a range of diagnostic test kits, reagents, culture media, instruments and associated products to serve customers in healthcare, clinical, pharmaceutical, industrial and food safety laboratories. Laboratory Products and Biopharma Services segment offers virtually everything needed for the laboratory. Its brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD.

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