In a report released yesterday, Brian Gesuale from Raymond James maintained a Hold rating on iRobot (IRBT). The company’s shares closed last Tuesday at $96.00, close to its 52-week high of $98.55.
According to TipRanks.com, Gesuale is a 5-star analyst with an average return of 16.0% and a 71.5% success rate. Gesuale covers the Technology sector, focusing on stocks such as Roper Technologies, Trimble Navigation, and AeroVironment.
Currently, the analyst consensus on iRobot is a Hold with an average price target of $82.50, implying a -10.1% downside from current levels. In a report issued on October 19, Needham also maintained a Hold rating on the stock.
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iRobot’s market cap is currently $2.69B and has a P/E ratio of 27.10. The company has a Price to Book ratio of 4.64.
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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.
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