Is Medtronic Stock a Buy?
Medical device manufacturer Medtronic (NYSE: MDT) is a healthcare industry stalwart. The company, based in the U.S. and Ireland, is one of the largest in its segment, developing and selling a diverse portfolio of products that includes hospital equipment and devices for cardiovascular care and diabetes.
Sustained success has enabled it to reward shareholders with regularly growing dividends. After 47 consecutive years of payout hikes, it's approaching Dividend King status.
Over the past half-century, with dividends reinvested, Medtronic has delivered a total return of almost 60,000% -- a near 600-bagger -- but today, it's trading more than 20% below the all-time high it hit in September 2021. Is the stock a buy now?
Source Fool.com
Medtronic plc Stock
€79.36
0.330%
With 18 Buy predictions and not the single Sell prediction the community is currently very high on Medtronic plc.
As a result the target price of 94 € shows a slightly positive potential of 18.45% compared to the current price of 79.36 € for Medtronic plc.
