Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Bausch + Lomb Corp shares valued at $505,067 were purchased by SAUNDERS BRENT L on Aug 05 ’24. At $15.66 per share, SAUNDERS BRENT L acquired 32,250 shares. The insider’s holdings grew to 595,169 shares worth approximately $7.58 million following the completion of this transaction.
As published in a research note from Wells Fargo on March 28, 2025, Bausch + Lomb Corp [BLCO] has been rated down from an Overweight to an Equal weight and the price target has been revised to $15 from $24. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of December 02, 2024, Morgan Stanley has decreased its “an Overweight” rating to a “an Equal-weight” for BLCO. Earlier on October 15, 2024, Evercore ISI upgraded its rating. Their new recommendation was “an Outperform” for BLCO stock which previously was a “an In-line”.
Analyzing BLCO Stock Performance
During the last five days, there has been a surge of approximately 6.79%. Over the course of the year, Bausch + Lomb Corp shares have dropped approximately -29.46%. Shares of the company reached a 52-week high of $18.55 on 01/02/25 and a 52-week low of $10.46 on 04/09/25. A 50-day SMA is recorded $14.64, while a 200-day SMA reached $17.16.
Support And Resistance Levels for Bausch + Lomb Corp (BLCO)
According to the 24-hour chart, there is a support level at 12.53, which, if violated, would cause prices to drop to 12.31. In the upper region, resistance lies at 13.10. The next price resistance is at 13.45. RSI (Relative Strength Index) is 45.23 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.38, which suggests the price will decrease in the coming days. Percent R is at 37.87%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
