Boston Scientific (BSX) Stock Forecast & Price Target

$57.81

+1.53 (+2.72%)

(As of 12/29/2023 ET)

Boston Scientific Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Buy
Based on 18 Analyst Ratings

Analysts' Consensus Price Target

$61.18
5.83% Upside

High Forecast	$66.00
Average Forecast	$61.18
Low Forecast	$55.00

Type	Current Forecast 12/31/22 to 12/31/23	1 Month Ago 12/1/22 to 12/1/23	3 Months Ago 10/2/22 to 10/2/23	1 Year Ago 12/31/21 to 12/31/22
Consensus Rating	Buy	Buy	Buy	Moderate Buy
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	16 Buy rating(s)	14 Buy rating(s)	15 Buy rating(s)	11 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$61.18	$60.55	$60.10	$49.77
Predicted Upside	5.83% Upside	14.66% Upside	15.11% Upside	18.45% Upside

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BSX Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BSX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Boston Scientific Stock vs. The Competition

Type	Boston Scientific	Medical Companies	S&P 500
Consensus Rating Score	3.00	2.67	2.49
Consensus Rating	Buy	Moderate Buy	Hold
Predicted Upside	5.83% Upside	2,167.34% Upside	6.98% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
12/29/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$62.00	+10.16%
12/29/2023	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$64.00	+13.72%
12/22/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$59.00 ➝ $66.00	+18.22%
12/12/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$58.00 ➝ $65.00	+17.62%
12/4/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$58.00 ➝ $61.00	+8.64%
11/27/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$60.00 ➝ $64.00	+15.17%
Get the Latest News and Ratings for BSX and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Boston Scientific and its competitors with MarketBeat's FREE daily newsletter.
10/27/2023	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$65.00 ➝ $60.00	+20.53%
9/22/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$59.00 ➝ $60.00	+11.15%
9/21/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$63.00	+16.30%
9/21/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$58.00 ➝ $61.00	+12.75%
9/21/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$63.00 ➝ $66.00	+22.00%
9/21/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$58.00 ➝ $60.00	+10.91%
9/21/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$60.00 ➝ $63.00	+16.45%
9/21/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$56.00 ➝ $60.00	+10.91%
9/19/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$60.00	+13.77%
7/28/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$60.00 ➝ $61.00	+17.92%
7/28/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$58.00 ➝ $59.00	+12.06%
7/6/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$58.00 ➝ $62.00	+16.43%
6/30/2023	22nd Century Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Initiates
6/30/2023	CL King Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$64.00	+20.10%
4/27/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$45.00 ➝ $55.00	+7.63%
2/17/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$50.00 ➝ $55.00	+18.53%
2/2/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight	$48.00 ➝ $55.00	+15.69%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:35 PM ET.

BSX Price Target - Frequently Asked Questions

What is Boston Scientific's consensus rating and price target?: According to the issued ratings of 18 analysts in the last year, the consensus rating for Boston Scientific stock is Buy based on the current 1 hold rating, 16 buy ratings and 1 strong buy rating for BSX. The average twelve-month price prediction for Boston Scientific is $61.18 with a high price target of $66.00 and a low price target of $55.00. Learn more on BSX's analyst rating history.
Do Wall Street analysts like Boston Scientific more than its competitors?: Analysts like Boston Scientific more than other Medical companies. The consensus rating for Boston Scientific is Buy while the average consensus rating for medical companies is Moderate Buy. Learn more on how BSX compares to other companies.
Does Boston Scientific's stock price have much upside?: According to analysts, Boston Scientific's stock has a predicted upside of 14.27% based on their 12-month stock forecasts.

What analysts cover Boston Scientific?: Boston Scientific has been rated by BTIG Research, Canaccord Genuity Group, Morgan Stanley, Needham & Company LLC, TD Cowen, Truist Financial, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:BSX) was last updated on 12/31/2023 by MarketBeat.com Staff

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