Jefferies has revised its price target for Agilent Technologies (A, Financial), lowering it from $135 to $116, while maintaining a Hold rating on the company's shares. This adjustment follows a recent discussion with representatives Simon May and Brian Carothers regarding Agilent's approximately $450 million contract development and manufacturing organization (CDMO) sector.
During the call, analysts noted that orders for this segment remain robust. Additionally, the margins for Agilent's network and service division, referred to as NASD, are reported to be above the corporate average, indicating a strong performance in this part of their business. These insights provide a nuanced view of Agilent's operational strength, despite the revised price target.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Agilent Technologies Inc (A, Financial) is $144.71 with a high estimate of $165.00 and a low estimate of $115.00. The average target implies an upside of 41.97% from the current price of $101.93. More detailed estimate data can be found on the Agilent Technologies Inc (A) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Agilent Technologies Inc's (A, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Agilent Technologies Inc (A, Financial) in one year is $144.11, suggesting a upside of 41.38% from the current price of $101.93. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Agilent Technologies Inc (A) Summary page.
