Analyst Price Target is $58.00
▲ +55.79% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Surmodics in the last 3 months. The average price target is $58.00, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 55.79% upside from the last price of $37.23.
Current Consensus is
The current consensus among 1 polled investment analysts is to buy stock in Surmodics. This Buy consensus rating has held steady for over two years.
Surmodics, Inc., together with its subsidiaries, provides surface modification technologies for intravascular medical devices, and chemical components for in vitro diagnostic immunoassay tests and microarrays in the United States and internationally. It operates in two segments, Medical Device and In Vitro Diagnostics (IVD). The Medical Device segment engages in the provision of surface modification coating technologies to enhance access, deliverability, and predictable deployment of medical devices; and drug-delivery coating technologies to provide site-specific drug-delivery from the surface of a medical device for coronary, peripheral, neuro-vascular and structural heart, and other markets, as well as design, development, and manufacturing of interventional medical devices, primarily balloons and catheters, including drug-coated balloons for peripheral arterial disease treatment and other applications. The IVD segment designs, develops, and manufactures component products and technologies for diagnostic immunoassay, as well as molecular test and biomedical research applications. This segment offers protein stabilization reagents, substrates, surface coatings, and antigens. The company was founded in 1979 and is headquartered in Eden Prairie, Minnesota.