Shares of Zeltiq Aesthetics Inc (NASDAQ:ZLTQ) have received a consensus recommendation of “Hold” from the fourteen analysts that are covering the company. Eleven analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $44.88.
A number of equities analysts recently weighed in on ZLTQ shares. Canaccord Genuity reaffirmed a “buy” rating and set a $45.00 price objective on shares of Zeltiq Aesthetics in a research report on Monday, January 23rd. William Blair cut shares of Zeltiq Aesthetics from an “outperform” rating to a “market perform” rating in a research report on Monday, February 13th. Stifel Nicolaus cut shares of Zeltiq Aesthetics from a “buy” rating to a “hold” rating in a research report on Thursday, March 2nd. Maxim Group cut shares of Zeltiq Aesthetics from a “buy” rating to a “hold” rating in a research report on Monday, February 13th. Finally, Piper Jaffray Companies cut shares of Zeltiq Aesthetics from an “overweight” rating to a “neutral” rating in a research report on Monday, February 13th.
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Zeltiq Aesthetics (NASDAQ:ZLTQ) opened at 55.62 on Tuesday. The firm has a market capitalization of $2.24 billion, a P/E ratio of 3090.00 and a beta of 1.01. Zeltiq Aesthetics has a 12 month low of $23.58 and a 12 month high of $56.18. The…