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Teleflex (TFX) Gets a Hold from RBC Capital

Tipranks - Tipranks - Fri Jan 9, 8:00PM CST

RBC Capital analyst Shagun Singh Chadha maintained a Hold rating on Teleflex on January 7 and set a price target of $135.00. The company’s shares closed yesterday at $126.53.

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Singh Chadha covers the Healthcare sector, focusing on stocks such as Johnson & Johnson, Insulet, and Edwards Lifesciences. According to TipRanks, Singh Chadha has an average return of 3.2% and a 54.38% success rate on recommended stocks.

Currently, the analyst consensus on Teleflex is a Hold with an average price target of $137.20.

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Based on Teleflex’s latest earnings release for the quarter ending September 28, the company reported a quarterly revenue of $913.02 million and a GAAP net loss of $408.89 million. In comparison, last year the company earned a revenue of $764.38 million and had a net profit of $111 million

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