BDX - Becton, Dickinson and Company
Price:
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$188.33
DETAILS
HIGH:
$210.00
LOW:
$165.00
MEDIAN:
$190.00
CONSENSUS:
$188.33
DOWNSIDE:
1.78%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
80% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
15.0x
5.83$
Key Value Driver
Normalized P/E multiple (15x base case)
Implied Market Multiple
32.9x
Plain-Language Summary
Applying a 15x P/E to adjusted EPS of $5.83, the base-case value is $87.45 per share. DDM cross-check: $104.65.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (34 analysts)
$188.33
Analyst Range
$165.00 – $210.00
Divergence from AlphaVal
54%
Warnings
Wall Street's average price target is $188.33 (from 34 analysts). Our estimate is 54% 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