In a report released yesterday, Ryan Zimmerman from BTIG maintained a Hold rating on Intuitive Surgical (ISRG – Research Report). The company’s shares closed last Thursday at $971.01, close to its 52-week high of $987.27.
According to TipRanks.com, Zimmerman is a 5-star analyst with an average return of 29.0% and a 61.9% success rate. Zimmerman covers the Healthcare sector, focusing on stocks such as Tactile Systems Technology, Zimmer Biomet Holdings, and Staar Surgical Company.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Intuitive Surgical with a $995.21 average price target, a 4.6% upside from current levels. In a report released yesterday, Piper Sandler also maintained a Hold rating on the stock with a $970.00 price target.
Intuitive Surgical’s market cap is currently $111.9B and has a P/E ratio of 98.50. The company has a Price to Book ratio of 11.63.
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Intuitive Surgical, Inc. manufactures and develops robotic-assisted products, most notably with the da Vinci surgical system and related instruments and accessories, to improve clinical outcomes of patients through minimally invasive surgery. Its products include Da Vinci and Ion. The company was founded in 1995 and is headquartered in Sunnyvale, California.