RBC Capital Sticks to Their Hold Rating for Fresenius Medical Care Corp.

RBC Capital Sticks to Their Hold Rating for Fresenius Medical Care Corp.

May 18, 2020


RBC Capital analyst Frank Morgan maintained a Hold rating on Fresenius Medical Care (NYSE:FMS) Corp. on Thursday, setting a price target of $42, which is approximately 6.90% above the present share price of $39.29.

Morgan expects Fresenius Medical Care Corp . to post earnings per share (EPS) of $0.00 for the second quarter of 2020.

The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Fresenius Medical Care, with an average price target of $42.93.
The analysts price targets range from a high of $46 to a low of $37.7.

In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $4.49 billion and a net profit of $510.39 million. The company's market cap is $23.05 billion.

According to TipRanks.com, RBC Capital analyst Frank Morgan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 8.7% and a 60.00% success rate.

Fresenius Medical Care AG & Co. KGaA engages in the provision of products and services for patients with chronic kidney failure. It also develop and manufacture a variety of health care products, which includes dialysis and non-dialysis products. The company was founded on August 5, 1996 and is headquartered in Bad Homburg, Germany.

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