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ZELTIQ Aesthetics (NASDAQ:ZLTQ) stock price target increased to $52.00, issued a report today by Stifel

In a report released on 09/21/2016 Stifel increased the stock price target of ZELTIQ Aesthetics (NASDAQ:ZLTQ) from $38.00 to $52.00 reporting a possible upside of 0.33%.

Previously on 8/9/2016, Maxim Group released a statement about ZELTIQ Aesthetics (NASDAQ:ZLTQ) increased the target price from $40.00 to $48.00. At the time, this indicated a possible upside of 0.42%.

Just yesterday ZELTIQ Aesthetics (NASDAQ:ZLTQ) traded 0.78% higher at $38.97. The company’s 50-day moving average is $37.99 and its 200-day moving average is $30.77. The last stock close price is up 30.80% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 508,005 shares of the stock were exchanged, down from an average trading volume of 754,588

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ZELTIQ Aesthetics has a 52 week low of $18.41 and a 52 week high of $40.98 with a P/E ratio of 60.51 The company’s market cap is currently $0.

In addition to Stifel reporting its target price, a total of 9 brokers have issued a report on the stock. The consensus target price is $37.22 with 6 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About ZELTIQ Aesthetics (NASDAQ:ZLTQ)

ZELTIQ Aesthetics, Inc. is a medical technology company. The Company focuses on developing and commercializing products utilizing its controlled-cooling technology platform. Its product, the CoolSculpting System, is designed to reduce stubborn fat bulges. It sell the CoolSculpting system primarily to dermatologists, plastic surgeons, aesthetic specialists, and obstetrics and gynecology physicians. It also offers consumables, which are CoolSculpting procedure packs that are needed to perform procedures using its CoolSculpting system. CoolSculpting is a non-invasive fat reduction procedure. CoolSculpting utilizes its controlled cooling technology to selectively reduce stubborn fat bulges. The CoolSculpting system includes CoolSculpting control unit and CoolSculpting applicators. Its consumable procedure pack includes consumable CoolGels, CoolLiners and Geltraps. In addition, each consumable procedure pack includes a disposable computer cartridge that it markets as the CoolCard.

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