BTIG Believes Establishment Labs Holdings (NASDAQ: ESTA) Won’t Stop Here

In a report released today, Marie Thibault from BTIG reiterated a Buy rating on Establishment Labs Holdings (ESTAResearch Report), with a price target of $90.00. The company’s shares closed last Thursday at $77.88, close to its 52-week high of $88.66.

According to TipRanks.com, Thibault is a 5-star analyst with an average return of 60.2% and a 63.2% success rate. Thibault covers the Healthcare sector, focusing on stocks such as Irhythm Technologies, Boston Scientific, and Delcath Systems.

Establishment Labs Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $80.00.

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Establishment Labs Holdings’ market cap is currently $1.77B and has a P/E ratio of -62.90. The company has a Price to Book ratio of 25.23.

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Establishment Labs Holdings, Inc. engages in the design, development, manufacture, and marketing of silicone breast implants. It offers its products under Motiva Implants brand. The company was founded by Juan Jose Chacon-Quiros in 2013 and is headquartered in Alajuela, Costa Rica.