Myomo (MYO) Gets a Buy Rating from Colliers Securities
In a report issued on January 26, Kyle Bauser from Colliers Securities reiterated a Buy rating on Myomo (MYO), with a price target of $16.00. The company’s shares closed last Friday at $11.29.
According to TipRanks.com, Bauser is a 4-star analyst with an average return of 13.6% and a 52.8% success rate. Bauser covers the Healthcare sector, focusing on stocks such as Tactile Systems Technology, Inspire Medical Systems, and Bioanalytical Systems.
Myomo has an analyst consensus of Moderate Buy, with a price target consensus of $16.00.
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Myomo’s market cap is currently $51.73M and has a P/E ratio of -1.50. The company has a Price to Book ratio of 3.98.
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Myomo, Inc. is a medical robotics company, which offers expanded mobility for those suffering from neurological disorders and upper-limb paralysis. It offers MyoPro, which is a myoelectric elbow, wrist, and hand orthosis that supports an impaired hand and arm while also enabling it to move again. The company was founded by Stephen Kelly, John McBean, Mira Sahney, and Kailas N. Narendran on September 1, 2004 and is headquartered in Cambridge, MA.
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