# ResMed Inc.  Share Price Target ‘$198.42’, now 3.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/resmed-inc.share-price-target-198.42-now-3.4-upside-potential/4121141189
- Published: 2024-02-06T13:44:42+00:00
- Author: Charlotte Edwards

**ResMed Inc.** with ticker code (RMD) have now 9 analysts in total covering the
stock. The consensus rating is pointing to ‘buy’. The range between the high target
price and low target price is between $220.00 and $164.00 and has a mean share price
target at $198.42. (at the time of writing). Now with the previous closing price
of $191.86 this indicates there is a potential upside of 3.4%. It’s also worth noting
that there is a 50 day moving average of $171.81 and the 200 moving average now 
moves to $182.52. The company has a market cap of 27.96B. The current share price
for the company is: $190.11 USD

 The potential market cap would be $28,919,191,592 based on the market consensus.

The company has a dividend yield of 2.05%. Other points of data to note are a P/
E ratio of 31.42, revenue per share of $30.63 and a 11.19% return on assets.

ResMed Inc. is a holding company. The Company, through its subsidiaries, is engaged
in the development, manufacturing, distribution and marketing of medical devices
and cloud-based software applications that diagnose, treat and manage respiratory
disorders, including sleep-disordered breathing, chronic obstructive pulmonary disease,
neuromuscular disease and other chronic diseases. It also offers software solutions
for a variety of out-of-hospital care providers. The Company has two segments: Sleep
and Respiratory Care and the Software-as-a-Service. Sleep apnea includes obstructive
sleep apnea and other respiratory disorders that occur during sleep. Its cloud-based
digital health applications, along with its devices, are designed to provide connected
care to improve patient outcomes. The Company’s portfolio of products includes ventilation
devices, diagnostic products, mask systems, headgear and other accessories, dental
devices and cloud-based software informatics solutions.

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