Analyst Activity – Bank of America Corporation Initiates Coverage On Merit Medical Systems (NASDAQ:MMSI) With a Buy

Analyst Ratings For Merit Medical Systems (NASDAQ:MMSI)

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Today, Bank of America Corporation initiated coverage on Merit Medical Systems (NASDAQ:MMSI) with a Buy with a price target of $44.00.

There are 2 hold ratings, 7 buy ratings on the stock.

The current consensus rating on Merit Medical Systems (NASDAQ:MMSI) is Buy (Score: 2.78) with a consensus target price of $37.09 per share, a potential 5.87% downside.

Some recent analyst ratings include

  • 7/20/2017-Bank of America Corporation initiated coverage with a Buy rating.
  • 6/28/2017-Sidoti Reiterated Rating of Buy.
  • 6/26/2017-Piper Jaffray Companies Reiterated Rating of Overweight.
  • 6/20/2017-SunTrust Banks, Inc. initiated coverage with a Buy rating.
  • 4/28/2017-Canaccord Genuity Reiterated Rating of Buy.
  • 4/17/2017-Craig Hallum initiated coverage with a Buy rating.
  • 4/6/2017-Keefe, Bruyette & Woods Reiterated Rating of Hold.

Recent Insider Trading Activity For Merit Medical Systems (NASDAQ:MMSI)
Merit Medical Systems (NASDAQ:MMSI) has insider ownership of 5.60% and institutional ownership of 90.60%.

  • On 6/30/2017 Richard W Edelman, Insider, sold 20,000 with an average share price of $37.62 per share and the total transaction amounting to $752,400.00. View SEC Filing
  • On 6/28/2017 F. Ann Millner, Director, sold 6,744 with an average share price of $38.15 per share and the total transaction amounting to $257,283.60. View SEC Filing
  • On 6/27/2017 Nolan E Karras, Director, sold 7,000 with an average share price of $37.15 per share and the total transaction amounting to $260,050.00. View SEC Filing
  • On 5/25/2017 Richard W Edelman, Director, sold 16,000 with an average share price of $34.46 per share and the total transaction amounting to $551,360.00. View SEC Filing
  • On 5/19/2017 Michael E Stillabower, Director, sold 17,110 with an average share price of $33.71 per share and the total transaction amounting to $576,778.10. View SEC Filing
  • On 5/15/2017 Franklin J Miller, Director, sold 16,090 with an average share price of $33.95 per share and the total transaction amounting to $546,255.50. View SEC Filing
  • On 12/9/2016 Kent W. Stanger, Director, sold 12,000 with an average share price of $26.27 per share and the total transaction amounting to $315,240.00. View SEC Filing

Recent Trading Activity for Merit Medical Systems (NASDAQ:MMSI)
Shares of Merit Medical Systems closed the previous trading session at 39.40 up +0.80 2.07% with 688,064 shares trading hands.

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