Medtronic Gets a Hold from Northland Securities

By Jason Carr

Northland Securities analyst Suraj Kalia reiterated a Hold rating on Medtronic (NYSE: MDT) today and set a price target of $80. The company’s shares opened today at $80.16.

According to TipRanks.com, Kalia is a 3-star analyst with an average return of 3.7% and a 54.1% success rate. Kalia covers the Healthcare sector, focusing on stocks such as Xtant Medical Holdings, Edwards Lifesciences, and Intuitive Surgical.

Medtronic has an analyst consensus of Strong Buy, with a price target consensus of $89.75.

Medtronic’s market cap is currently $109.5B and has a P/E ratio of 28.38. The company has a book value ratio of 2.2263.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.