Thermo Fisher Scientific Inc – Consensus Says 25.3% Upside Potential
Thermo Fisher Scientific Inc with the ticker code (TMO) now have 18 analysts covering the stock with the consensus suggesting a rating of “Buy”. The range between the high target price and the low target price is between 613 and 500 and has an average target of 558.08. Given that the previous close of shares was at 445.33, this indicates that there is a potential upside of 25.3%. The 50 day MA is 466.92 and the 200 moving average is now rising to 471.38. The company’s market capitalization is $ 176,375 million. Visit the company’s website at: http://www.thermofisher.com
Thermo Fisher Scientific Inc. provides solutions for life sciences, analytical instrumentation, specialty diagnostics, and laboratory products and services around the world. The Life Sciences Solutions segment of the company offers reagents, instruments and consumables for biological and medical research, drug and vaccine discovery and production, as well as the diagnosis of infections and diseases in the pharmaceutical industry, biotechnology, agriculture, clinical, health, academia and public procurement. Its Analytical Instruments segment provides instruments, consumables, software and services for use in the laboratory, on the production line and in the field for the pharmaceutical, biotechnology, academia, government, environmental and other research and industrial markets. , as well as clinical laboratories. The Company’s Specialty Diagnostics segment offers liquid, ready-to-use and lyophilized immunodiagnostic reagent kits, as well as calibrators, controls and calibration verification fluids; ImmunoCAP for allergy and asthma testing, and EliA for autoimmunity testing; dehydrated and prepared culture media, collection and transport systems, instrumentation and consumables; typing and testing of human leukocyte antigens for the organ transplant market; and health products. Its Laboratory Products and Services segment provides laboratory refrigerators and freezers, ultra-low temperature freezers and cryopreservation storage tanks; products for temperature control, sample preparation and storage, centrifugation and biological safety cabinets; water analysis instruments; plastic laboratory products; laboratory chemicals; and pharmaceutical services. The company offers products and services through a direct sales force, customer service professionals, e-commerce, third-party distributors and catalogs. It has a strategic alliance with the University of California at San Francisco. The company was incorporated in 1956 and is headquartered in Waltham, Massachusetts.