Do Analysts Expect ZimVie Inc (ZIMV) Stock to Rise After It Has Risen 32.86% in a Month?

Wall Street is positive on ZimVie Inc (ZIMV). On average, analysts give the stock a Sell rating. The average price target is $10.5, which means analysts expect the stock to rise by 11.94% over the next twelve months. That average ranking earns the stock an Analyst Rating of 1, which is better than 1% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating ZIMV a Sell today. Find out what this means to you and get the rest of the rankings on ZIMV!

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Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With ZimVie Inc Stock Today?

ZimVie Inc (ZIMV) stock is trading at $9.38 as of 2:36 PM on Thursday, Nov 30, a decline of -$0.19, or -1.94% from the previous closing price of $9.56. The stock has traded between $9.33 and $9.67 so far today. Volume today is light. So far 39,326 shares have traded compared to average volume of 210,421 shares. Click Here to get the full Stock Report for ZimVie Inc stock.