Northland Securities Keeps Their Hold Rating on Medtronic (MDT)


Northland Securities analyst Suraj Kalia maintained a Hold rating on Medtronic (MDT) 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.

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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.

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