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Zeltiq Aesthetics (NASDAQ:ZLTQ) target price raised to $52.00, reported today by Stifel Nicolaus

Boasting a price of $38.97, Zeltiq Aesthetics (NASDAQ:ZLTQ) traded 0.78% higher on the day. With the last stock price close up 30.80% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Zeltiq Aesthetics has recorded a 50-day average of $37.99 and a two hundred day average of $30.77. Volume of trade was down over the average, with 508,005 shares of ZLTQ changing hands under the typical 754,588

Zeltiq Aesthetics (NASDAQ:ZLTQ) had its price target upped to $52.00 by Stifel Nicolaus in an issued report released Wednesday September 21, 2016. The new stock price target implies a possible upside of 0.33% based on the company's most recent stock price close.

On Tuesday August 09, 2016, Maxim Group released a statement for Zeltiq Aesthetics (NASDAQ:ZLTQ) bumped up the target price from $40.00 to $48.00 that suggested an upside of 0.42%.

Performance Chart

Zeltiq Aesthetics (NASDAQ:ZLTQ)

With a total market value of $0, Zeltiq Aesthetics has price-earnings ratio of 60.51 with a one year low of $18.41 and a one year high of $40.98 .

A total of 9 equity analysts have released a ratings update on ZLTQ. Six equity analysts rating the company a strong buy, four equity analysts rating the company a buy, one equity analyst 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 $37.22.

Brief Synopsis 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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