Northland Securities Maintains Their Buy Rating on Varex Imaging Corporation (VREX)

By Jason Carr

In a report released today, Suraj Kalia from Northland Securities maintained a Buy rating on Varex Imaging Corporation (VREXResearch Report), with a price target of $42. The company’s shares opened today at $29.26.

According to TipRanks.com, Kalia is a 5-star analyst with an average return of 11.0% and a 60.1% success rate. Kalia covers the Healthcare sector, focusing on stocks such as Tactile Systems Technology, Strata Skin Sciences Inc, and Obalon Therapeutics Inc.

Varex Imaging Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $42.

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Varex Imaging Corporation’s market cap is currently $1.13B and has a P/E ratio of 88.15. The company has a Price to Book ratio of 2.60.

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Varex Imaging Corp. engages in the design and manufacture of X-ray tubes, flat panel detectors, imaging software, high voltage connectors, and high energy inspection accelerators. It operates through the Medical and Industrial segments.