Stifel announced Align Tech (NASDAQ:ALGN), bumping up its stock price target to $110.00 today
- Updated: November 28, 2016
Yesterday Align Tech (NASDAQ:ALGN) traded 0.67% higher at $96.19. The company’s 50-day moving average is $90.15 and its 200-day moving average is $87.18. The last closing price is up 10.34% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 400 shares of the stock traded hands, down from an average trading volume of 843,533
In a report issued 11/28/2016 Stifel bumped up the target of Align Tech (NASDAQ:ALGN) from $95.00 to $110.00 indicating a possible upside of 0.14%.
Previously on 01/29/2016, Stifel Nicolaus reported on Align Tech (NASDAQ:ALGN) increased the target price from $80.00 to $82.00. At the time, this indicated a possible upside of 0.38%.
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Align Tech has a 52 week low of $57.31 and a 52 week high of $98.62 with a PE ratio of 41.11 Align Tech’s market capitalization is presently $0.
A total of 10 analysts have released a report on Align Tech. Seven analysts rating the company a strong buy, four analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $82.80.
General Company Details For Align Tech (NASDAQ:ALGN)
Align Technology, Inc. designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and computer-aided design and computer-aided manufacturing (CAD/CAM) digital services used in dentistry, orthodontics and dental records storage. The Company operates through two segments: Clear Aligner segment and Scanner and Services (Scanner) segment. The Clear Aligner segment consists of its Invisalign System, which includes Invisalign Full, Express/Lite, Teen, Assist and Vivera Retainers, along with its training and ancillary products for treating malocclusion. The Scanner segment consists of intra-oral scanning systems and other services available with the intra-oral scanners that provide digital alternatives to the traditional cast models. The Company's iTero scanner is used by dental professionals, and labs and services for restorative and orthodontic digital procedures, as well as Invisalign digital impression submission.
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