Shares of OSI Systems, Inc. (Symbol: OSIS) have recently exceeded the average analyst 12-month target price of $232.14, trading at $239.05 per share. This milestone prompts analyst reactions, which could include downgrading the valuation or adjusting the target price upward, depending on the company’s performance.
There are seven analysts covering OSI Systems, with target prices ranging from $180.00 to $260.00 and a standard deviation of $28.99. Currently, the analyst ratings reveal six strong buy recommendations and one hold, maintaining an average rating of 1.29 on a scale where 1 is Strong Buy and 5 is Strong Sell.
This performance signals investors to evaluate whether the recent price is a precursor to higher targets or an indication to capitalize on their investments. Data is sourced from Zacks Investment Research via Quandl.com.