Viewray (VRAY) Receives a Rating Update from a Top Analyst

In a report released yesterday, Marie Thibault from BTIG maintained a Hold rating on Viewray (VRAYResearch Report). The company’s shares closed last Thursday at $4.15.

According to TipRanks.com, Thibault is a top 100 analyst with an average return of 93.9% and a 69.8% success rate. Thibault covers the Healthcare sector, focusing on stocks such as Establishment Labs Holdings, Varian Medical Systems, and Edwards Lifesciences.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Viewray with a $6.33 average price target.

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The company has a one-year high of $7.36 and a one-year low of $1.11. Currently, Viewray has an average volume of 2.21M.

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ViewRay, Inc. engages in the design, manufacture and market magnetic resonance imaging (MRI) system. It develops MRIdian to address the key limitations of existing external-beam radiation therapy technologies, and employs MRI-based technology to provide real-time imaging that clearly defines the targeted tumor from the surrounding soft tissue, and other critical organs, both before and during radiation treatment delivery. The company was founded by Dinara Akzhigitova on September 6, 2013 and is headquartered in Oakwood Village, OH.