A statement released earlier today by RBC Capital Markets about Intuitive Surgical Inc (NASDAQ:ISRG) bumps the target price to $760.00
- Updated: October 19, 2016
Boasting a price of $721.73, Intuitive Surgical Inc (NASDAQ:ISRG) traded 1.73% higher on the day. With the last stock price close up 8.31% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Intuitive Surgical Inc has recorded a 50-day average of $703.09 and a two hundred day average of $666.36. Volume of trade was up over the average, with 518,327 shares of ISRG changing hands over the typical 243,312
RBC Capital Markets bumped up the target of Intuitive Surgical Inc (NASDAQ:ISRG) to $760.00 stating a potential upside of 0.05%.
With a total market value of $0, Intuitive Surgical Inc has price-earnings ratio of 40.96 with a one year low of $483.11 and a one year high of $727.25 .
A total of 17 equity analysts have released a ratings update on ISRG. Seven equity analysts rating the company a strong buy, six equity analysts rating the company a buy, six equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $675.41.
Brief Synopsis About Intuitive Surgical Inc (NASDAQ:ISRG)
Intuitive Surgical, Inc. (Intuitive) designs, manufactures and markets da Vinci Surgical Systems, and related instruments and accessories. The Company's da Vinci Surgical System consists of a surgeon's console, a patient-side cart and a vision system. The da Vinci Surgical System translates a surgeon's hand movements, which are performed on instrument controls at a console, into corresponding micro-movements of instruments positioned inside the patient through small incisions or ports. The da Vinci Surgical System provides its operating surgeons with control, range of motion, tissue manipulation solution and three-dimensional (3-D), high-definition vision. It allows surgeons to work through the small ports enabled by minimally invasive surgery procedures. Its da Vinci Surgery utilizes computational, robotic and imaging technologies. It focuses on five surgical specialties: gynecologic surgery, urologic surgery, general surgery, cardiothoracic surgery, and head and neck surgery.
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