Wall Street Analysts Predict a 25.69% Upside in Embecta Corp. (EMBC): Here's What You Should Know

Core Viewpoint - Embecta Corp. (EMBC) has shown a significant price increase of 22.8% over the past four weeks, with a mean price target of $16 indicating a potential upside of 25.7% from the current trading price of $12.73 [1] Price Targets and Estimates - The mean estimate consists of three short-term price targets with a standard deviation of $7.81, where the lowest estimate is $11.00 (indicating a 13.6% decline) and the highest estimate is $25.00 (indicating a 96.4% increase) [2] - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement [9] Analyst Sentiment and Earnings Estimates - Analysts are optimistic about EMBC's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which has historically correlated with stock price movements [11] - Over the last 30 days, one earnings estimate has increased, leading to a 4.3% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - EMBC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside in the near term [13]