Owens & Minor Receives a Hold from Jefferies

By Austin Angelo

In a report released today, David Windley from Jefferies reiterated a Hold rating on Owens & Minor (NYSE: OMI), with a price target of $36. The company’s shares opened today at $33.92.

According to TipRanks.com, Windley is a top 100 analyst with an average return of 15.8% and a 74.8% success rate. Windley covers the Healthcare sector, focusing on stocks such as Quintiles Transnational, WellCare Health Plans, and PRA Health Sciences.

Owens & Minor has an analyst consensus of Moderate Sell, with a price target consensus of $34.50.

Owens & Minor’s market cap is currently $2.04B and has a P/E ratio of 19.16. The company has a book value ratio of 2.1557.

Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is neutral on the stock. Last month, Charles Colpo, the SVP, Strategic Relationships of OMI sold 8,802 shares for a total of $317,224.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Owens & Minor, Inc. is a healthcare logistics company which engages in provision of services to the manufacturers of healthcare products, supplies and devices. It operates through the Domestic and International segments. The Domestic segment provides all services in the United States relating to medical supply and logistics company serving healthcare providers and manufacturers. The International segment is comprised of the Movianto Group, which provides third-party logistics for the pharmaceutical, biotechnology, and medical device services in the European market. The company was founded by Otho O. Owens and G. Gilmer Minor in 1882 and is headquartered in Mechanicsville, VA.