BDX - Becton, Dickinson and Company
Price:
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$173.19
DETAILS
HIGH:
$204.00
LOW:
$159.00
MEDIAN:
$168.01
CONSENSUS:
$173.19
UPSIDE:
17.31%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
80% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
15.0x
6.57$
Key Value Driver
Normalized P/E multiple (15x base case)
Implied Market Multiple
22.5x
Plain-Language Summary
Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $173.19 from 34 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $120.91 per share.
Warnings
Wall Street's average price target is $173.19 (from 34 analysts). Our estimate is 43% below the consensus -- consider that gap carefully.
Key Risks
- Growth DCF inappropriate — terminal value assumptions dominate
- EV/EBITDA misleading for regulated businesses where capex is mandated
- Regulatory risk is a fat tail not visible in normal multiples