According to an update released by analysts at RBC Capital Markets the broker has now set a ‘Sector Perform’ rating on shares of Intuitive Surgical Inc (NASDAQ:ISRG) with a price target of 760.
RBC Capital Markets on Wednesday reiterated Intuitive Surgical Inc’s analyst rating as ‘Sector Perform’ with its price target of 760 highlighting a potential increase of 11.44% from Intuitive Surgical Inc’s current price of 682.
Over the last twelve months Intuitive Surgical Inc’s stock price has increased from 478.44 to 682, a change of 42.55%.
Intuitive Surgical Inc has 38,493,000 shares in issue which have a share price of 682 giving Intuitive Surgical Inc a market capitalisation of 26.25B USD.
The company has a 50 day moving average of 703.09 and a 200 day moving average of 666.36. The 52 week high shares of Intuitive Surgical Inc have reached is 727.25 whilst the 52 week low for the company’s shares is 483.11.
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.