Varex Imaging (VREX) received a Buy rating and a $41.00 price target from Oppenheimer analyst Suraj Kalia today. The company’s shares closed last Thursday at $19.89.
According to TipRanks.com, Kalia is a 4-star analyst with an average return of 9.0% and a 56.7% success rate. Kalia covers the Healthcare sector, focusing on stocks such as Tactile Systems Technology, Cardiovascular Systems, and Strata Skin Sciences.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Varex Imaging with a $41.00 average price target.
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Varex Imaging’s market cap is currently $779.1M and has a P/E ratio of -12.90. The company has a Price to Book ratio of 8.29.
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Varex Imaging Corp. designs, manufactures, and sells x-ray imaging components. Its components include X-ray tubes, digital detectors and other image processing solutions that are key components of X-ray imaging systems. It operates through the Medical and Industrial segments. The Medical segment designs, manufactures, sells, and services X-ray imaging components for use in applications, including radiographic or fluoroscopic imaging, mammography, special procedures, computed tomography, radiation therapy, computer-aided detection, and industrial applications. The Industrial segment deals with products for use in the security and industrial inspection applications, such as airport security, cargo screening at ports and borders and nondestructive examination in a variety of applications. The company is headquartered in Salt Lake City, UT.
