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Barrington Remains a Buy on Lemaitre Vascular (LMAT)

TipRanks - Fri Jul 1, 8:15AM CDT
Barrington analyst Michael Petusky maintained a Buy rating on Lemaitre Vascular (LMATResearch Report) today and set a price target of $50.00. The companys shares closed last Thursday at $45.55.

According to TipRanks.com, Petusky is a 4-star analyst with an average return of 7.7% and a 50.0% success rate. Petusky covers the Healthcare sector, focusing on stocks such as Merit Medical Systems, ATI Physical Therapy, and US Physical Therapy.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lemaitre Vascular with a $47.50 average price target.

See the top stocks recommended by analysts >> Based on Lemaitre Vasculars latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $39.56 million and net profit of $6.04 million. In comparison, last year the company earned revenue of $35.88 million and had a net profit of $5.93 million. TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. LeMaitre Vascular, Inc. engages in the provision of medical devices and human tissue cryopreservation services. The company focuses on the design, marketing, sales, service, and technical support of medical devices and implants for the treatment of peripheral vascular disease. Its products include balloon catheters, carotid shunts, biologic patches, radiopaque marking tape, anastomotic clips, remote endarterectomy devices, laparoscopic cholecystectomy devices, vascular grafts, and powered phlebectomy. The company was founded by George D. LeMaitre on November 28, 1983 and is headquartered in Burlington, MA. Read More on LMAT:

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