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Credit Suisse Sticks to Their Hold Rating for Owens & Minor (OMI)
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Credit Suisse Sticks to Their Hold Rating for Owens & Minor (OMI)

In a report released yesterday, A.J. Rice from Credit Suisse maintained a Hold rating on Owens & Minor (OMIResearch Report), with a price target of $18.00. The company’s shares closed last Friday at $18.63.

Rice covers the Healthcare sector, focusing on stocks such as Premier, Acadia Healthcare, and ACADIA Pharmaceuticals. According to TipRanks, Rice has an average return of 9.8% and a 59.84% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Owens & Minor with a $18.40 average price target.

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OMI market cap is currently $1.42B and has a P/E ratio of -33.29.

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Owens & Minor, Inc. is a global healthcare solutions company. It integrates technologies, products, and services aligned to deliver significant and sustained value for healthcare providers and manufacturers across the continuum of care. The firm has distribution, production, customer service and sales facilities located across the Asia Pacific region, Europe, Latin America, and North America. The company was founded by Otho O. Owens and G. Gilmer Minor in 1882 and is headquartered in Mechanicsville, VA.

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