Royal Bank Of Canada reissued their hold rating on shares of Integer Holdings Co. (NASDAQ:ITGR) in a research note published on Friday. The firm currently has a $40.00 price objective on the medical equipment provider’s stock.

Several other research analysts have also issued reports on the company. Zacks Investment Research lowered Integer Holdings from a hold rating to a sell rating in a research report on Tuesday, May 30th. KeyCorp reaffirmed an overweight rating and set a $62.00 target price (up from $51.00) on shares of Integer Holdings in a research report on Monday, September 18th.

Integer Holdings (ITGR) traded up 3.31% during midday trading on Friday, reaching $49.90. The company had a trading volume of 231,719 shares. The company has a market capitalization of $1.58 billion, a PE ratio of 85.74 and a beta of 1.30. Integer Holdings has a 12-month low of $18.10 and a 12-month high of $50.20. The stock has a 50-day moving average price of $45.74 and a 200 day moving average price of $41.81.

Integer Holdings (NASDAQ:ITGR) last announced its earnings results on Thursday, July 27th. The medical equipment provider reported $0.62 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.73 by ($0.11). The company had revenue of $363.00 million during the quarter, compared to analyst estimates of $353.68 million. The firm’s revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.56 earnings per share. Equities analysts forecast that Integer Holdings will post $2.75 EPS for the current year.

WARNING: This report was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another publication, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The original version of this report can be read at https://www.thecerbatgem.com/2017/09/23/integer-holdings-co-itgr-given-hold-rating-at-royal-bank-of-canada.html.

In other news, insider John A. Harris sold 1,261 shares of Integer Holdings stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $45.40, for a total value of $57,249.40. Following the completion of the transaction, the insider now directly owns 2,064 shares of the company’s stock, valued at approximately $93,705.60. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Hedge funds have recently bought and sold shares of the company. Ameritas Investment Partners Inc. bought a new position in shares of Integer Holdings in the 1st quarter worth about $104,000. Envestnet Asset Management Inc. raised its position in shares of Integer Holdings by 184.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 3,545 shares of the medical equipment provider’s stock worth $142,000 after acquiring an additional 2,298 shares in the last quarter. Public Employees Retirement System of Ohio raised its position in shares of Integer Holdings by 126.2% in the 1st quarter. Public Employees Retirement System of Ohio now owns 4,834 shares of the medical equipment provider’s stock worth $194,000 after acquiring an additional 2,697 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Integer Holdings in the 1st quarter worth about $209,000. Finally, FMR LLC bought a new position in shares of Integer Holdings in the 1st quarter worth about $226,000.

Integer Holdings Company Profile

Greatbatch, Inc is a developer and manufacturer of medical devices and components. The Company operates through two segments: Greatbatch Medical and QiG Group (QiG). Greatbatch Medical designs and manufactures products where the Company either owns the intellectual property or has unique manufacturing and assembly expertise.

Receive News & Stock Ratings for Integer Holdings Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Integer Holdings Co. and related stocks with our FREE daily email newsletter.