This article was generated by Benzinga's automated content engine and was reviewed by an editor. Ordinary Shares's peer group average for short interest as a percentage of float is 2.00%, which means the company has less short interest than most of its peers.ĭid you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it. 19 Wall Street analysts that have issued a 1 year MDT price target, the average MDT price target is 137.37, with the highest MDT stock price forecast at 165.00 and the lowest MDT stock price forecast at 105.00. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.Īccording to Benzinga Pro, Medtronic PLC. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. This move outpaced the S&P 500s daily gain of 0.28. Going by historical performance, there is a higher chance of a rise in MDT stock over the next month. Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. In the latest trading session, Medtronic (MDT) closed at 108.95, marking a +0.98 move from the previous day. Looking at the near term, it appears that MDT stock is likely to see higher levels. Ordinary Shares's Short Interest Against Its Peers This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted. 107.24 is the first level of resistance above 105.6, and. Medtronic stock was originally listed at a price of 26.25 in Dec 31, 1997. With Medtronic stock trading at 107.76 per share, the total value of Medtronic stock (market capitalization) is 144.24B. The data also tells us to set a stop loss 106.93 in case the stock turns against the trade. How much is Medtronic stock worth today ( NYSE: MDT) Medtronic currently has 1,344,557,784 outstanding shares. If 107.24 begins to break higher, the technical summary data tells us to buy MDT just over 107.24, with an upside target of 110.22. Analysis of Federated Mdt Market Facilitation Index, Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume. Ordinary Shares has grown since its last report. Buy MDT over 107.24, target 110.22, Stop Loss 106.93 Details. Federated Mdt Large Market Facilitation Index. Ordinary Shares Short Interest Graph (3 Months)Īs you can see from the chart above the percentage of shares that are sold short for Medtronic PLC.