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Dougherty & Co downgraded iRobot Corporation (NASDAQ:IRBT) to Neutral in a report released today.

Dougherty & Co has downgraded iRobot Corporation (NASDAQ:IRBT) to Neutral in a report released on 7/3/2017.

Yesterday iRobot Corporation (NASDAQ:IRBT) traded -0.25% lower at $83.79. The company’s 50-day moving average is $94.81 and its 200-day moving average is $80.44. The last stock close price is up 14.99% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 353,270 shares of the stock were exchanged, down from an average trading volume of 992,784

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iRobot Corporation (NASDAQ:IRBT)

iRobot Corporation has a 52 week low of $38.19 and a 52 week high of $109.78 with a P/E ratio of 45.37 The company’s market cap is currently $0.

In addition to Dougherty & Co reporting its stock price target, a total of 7 brokerages have issued a ratings update on the company. The average stock price target is $35.43 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About iRobot Corporation (NASDAQ:IRBT)

iRobot Corporation is a consumer robot company, which is engaged in designing and building robots. The Company's portfolio of solutions features various technologies for the connected home and various concepts in mapping, navigation, mobility and artificial intelligence. The Company sells various products that are designed for use at home. Its consumer products focus on both indoor and outdoor cleaning applications. The Company offers multiple Roomba floor vacuuming robots. Roomba's design allows it to clean under kick boards, beds and other furniture. It offers the Braava family of automatic floor mopping robots designed for hard surface floors. The Roomba 600 series robots offer a three-stage cleaning system. The iRobot HOME Application helps users to choose cleaning options for their home. Its Mirra Pool Cleaning Robot is used to clean residential pools. The Company's trademarks include Scooba, ViPR, NorthStar, Create, iAdapt, Aware, Home Base, Looj, Braava, vSLAM and Virtual Wall.

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