In a report released today, Michael Latimore from Northland Securities maintained a Buy rating on iRobot (IRBT), with a price target of $130. The company’s shares closed yesterday at $123.86, close to its 52-week high of $132.88.
According to TipRanks.com, Latimore is a 5-star analyst with an average return of 15.4% and a 58.6% success rate. Latimore covers the Technology sector, focusing on stocks such as Super League Gaming Inc, Everbridge Inc, and Veritone Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for iRobot with a $109.20 average price target.
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The company has a one-year high of $132.88 and a one-year low of $56.61. Currently, iRobot has an average volume of 798.1K.
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iRobot Corp. is a robot company, which engages in designing and building robots. Its products include robot vacuums, robot maps, and pool cleaners. The company was founded by Rodney Allen Brooks, Colin M. Angle and Helen Greiner in August 1990 and is headquartered in Bedford, MA.
