STE | 05 May 2024 | AI Stock Analysis & News

STERIS plc (NYSE:STE) has received a “Moderate Buy” rating from analysts, impacting its stock price.

Stock AI predicts:
🔴 -12.0% short-term forecast
🟢 +1.4% long-term forecast

Stock AI’s (STE) Forecast get (+9.9% Profit)

StockAI’s analysis delivers real-world results. On 09 November 2023, $STE ($200.65), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $220.48 (🟢9.9%). Buying STE on this signal yielded a +9.9% profit 💰💰.


🔴 Stratos Wealth Partners LTD. and Signaturefd LLC both trimmed their positions in STERIS plc, indicating a lack of confidence in the stock’s future performance.

🟢 Needham & Company LLC reaffirmed their hold rating on STERIS stock, suggesting stability and potential growth in the future.

🔴 Boston Trust Walden Corp significantly reduced their holdings in STERIS plc, signaling a lack of faith in the company’s direction.

🔴 Mackenzie Financial Corp cut its holdings in STERIS plc by 96.6%, which may indicate concerns about the company’s financial health.

🟢 Sumitomo Mitsui DS Asset Management Company Ltd increased their stake in STERIS plc, showing confidence in the company’s long-term prospects.

🟢 Asset Management One Co. Ltd. boosted its holdings in STERIS plc, indicating a positive outlook on the stock’s future performance.

STERIS plc has recently seen mixed signals from investors, with some trimming their positions while others increasing their stakes. This uncertainty in the market has led to a short-term forecast of -12.0% but a long-term forecast of +1.4%. The negative impact of the decrease in positions by certain firms may lead to a temporary dip in the stock price, while the positive outlook from others could potentially drive the price up in the long run. Investors should closely monitor the news and analyst recommendations to make informed decisions about their investments in STERIS plc.

STE-STERIS plc Analyst Ratings

📉 Needham & Company LLC reaffirmed their hold rating on shares of STERIS (NYSE:STE) in a research note released on Friday morning.

📉 KeyCorp began coverage on shares of STERIS plc (NYSE:STE) with a hold rating.

📉 Zacks Research upped their FY2025 earnings per share estimates for STERIS in a report issued on Monday, April 1st.

1. ETF Daily News – Needham & Company LLC
2. ETF Daily News – KeyCorp
3. ETF Daily News – Zacks Research


Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.

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