As per the research groups listed in Thomson Reuters survey, Baxter International Inc. (NYSE:BAX), the stock can touch mean price target of $50.2500 in coming period. This price target highlights the recommendations of leading experts in the market.
Thomson Reuters studies the brokerages research reports to reach this price target. The latest poll indicate that the company may record earnings of $0.4600 per share in looming quarter and $1.7200 during current fiscal.
While evaluating Baxter International Inc. Commo on the technical side, it is seen that the firm’s shares price is trading $0.6130 points away or +1.2961% from its 50-day moving average of $47.2969. Further it is trading $4.6402 or +10.7239% away its 200-day moving average of $43.2697. MA here stands for moving average.
Baxter International Inc. (NYSE:BAX) stock made a high of $49.4900 in last 12-months while the lowest level in same period was $32.1800. It entails if stock price makes a movement of over $-1.5801, it will make a new 52-week high. In the case of +48.8810% decline, it will touch a new 52-week low.
The valuation of Baxter International Inc. Commo is done by analysts by using price-to-earnings ratio. This ratio considers the latest price and profits for valuating a stock. The ratio is calculated by dividing stock price by annual EPS. For now, Baxter International Inc. (NYSE:BAX) P/E ratio is 5.5006. The stakeholders can further gauge a firm’s performance by calculating Price-to-Earnings-Growth ratio, and for Baxter International Inc. Commo it stands at 2.2300.
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