Northland Securities Keeps Their Hold Rating on Medtronic (MDT)

By Austin Angelo

Northland Securities analyst Suraj Kalia maintained a Hold rating on Medtronic (MDTResearch Report) today and set a price target of $100. The company’s shares closed yesterday at $98.75, close to its 52-week high of $100.15.

According to TipRanks.com, Kalia is a 5-star analyst with an average return of 11.6% and a 60.3% success rate. Kalia covers the Healthcare sector, focusing on stocks such as Tactile Systems Technology, Varex Imaging Corporation, and Strata Skin Sciences Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Medtronic with a $104.50 average price target.

See today’s analyst top recommended stocks >>

Medtronic’s market cap is currently $132.4B and has a P/E ratio of 28.87. The company has a Price to Book ratio of 2.66.

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.