Published On: Wed, Oct 19th, 2016

K2M Group Holdings, Inc. (NASDAQ:KTWO) Analyst Review


A number of investment brokers have recently updated their price targets on shares of K2M Group Holdings, Inc. (NASDAQ:KTWO).

Most recent broker ratings

10/10/2016 – RBC Capital began new coverage on K2M Group Holdings, Inc. giving the company a “outperform” rating. They now have a USD 23 price target on the stock.

09/16/2016 – Gabelli began new coverage on K2M Group Holdings, Inc. giving the company a “buy” rating.

09/09/2016 – K2M Group Holdings, Inc. had its “outperform” rating reiterated by analysts at Oppenheimer. They now have a USD 23 price target on the stock.

08/04/2016 – K2M Group Holdings, Inc. had its “strong buy” rating reiterated by analysts at Needham & Company. They now have a USD 22 price target on the stock.

05/20/2016 – K2M Group Holdings, Inc. had its “overweight” rating reiterated by analysts at Piper Jaffray. They now have a USD 22 price target on the stock.

05/03/2016 – K2M Group Holdings, Inc. had its “market perform” rating reiterated by analysts at Northland Securities.

04/08/2016 – JMP Securities began new coverage on K2M Group Holdings, Inc. giving the company a “market outperform” rating. They now have a USD 25 price target on the stock.

09/22/2015 – UBS began new coverage on K2M Group Holdings, Inc. giving the company a “buy” rating. They now have a USD 26 price target on the stock.

04/17/2015 – K2M Group Holdings, Inc. had its “overweight” rating reiterated by analysts at Barclays. They now have a USD 27 price target on the stock.

06/02/2014 – Wells Fargo began new coverage on K2M Group Holdings, Inc. giving the company a “outperform” rating.

06/02/2014 – Cowen began new coverage on K2M Group Holdings, Inc. giving the company a “outperform” rating. They now have a USD 18 price target on the stock.

06/02/2014 – William Blair began new coverage on K2M Group Holdings, Inc. giving the company a “outperform” rating.

The share price of K2M Group Holdings, Inc. (NASDAQ:KTWO) was up +0.76% during the last day of trading, with a day high of 18.68. 154118 shares were traded during the last session.

The stock’s 50 day moving average is 17.40 and its 200 day moving average is 15.70. The stock’s market capitalization is 778.84M. K2M Group Holdings, Inc. has a 52-week low of 10.10 and a 52-week high of 21.67.

K2M Group Holdings, Inc. is a medical device company focused on designing, developing and commercializing spine technologies and techniques. The Company’s spine products are used by spine surgeons to treat spinal pathologies, such as deformity (primarily scoliosis), trauma and tumor. The Company is engaged in designing, development and commercialization of products for patients suffering from degenerative spinal conditions. Its products consist of implants, disposables and instruments, which are marketed and sold primarily to hospitals for use by spine surgeons. The Company’s product portfolio contains over 70 product lines that are used in spine surgeries, minimally invasive spine (MIS) and degenerative surgeries. It markets or sells its products in the United States and over 36 other countries. The Company’s technologies include MESA, Rail 4D, Quicket Deformity, CAPRI, SERENGETI, RAVINE, EVEREST, CASCADIA and tifix.