What’s Next for Mazor Robotics Ltd. (MZOR) After Today’s Significant Increase?

February 15, 2018 - By Ellis Scott

The stock of Mazor Robotics Ltd. (NASDAQ:MZOR) is a huge mover today! The stock increased 3.01% or $1.79 during the last trading session, reaching $61.32. About 592,329 shares traded or 9.34% up from the average. Mazor Robotics Ltd. (NASDAQ:MZOR) has risen 206.35% since February 15, 2017 and is uptrending. It has outperformed by 189.65% the S&P500.
The move comes after 7 months positive chart setup for the $1.54B company. It was reported on Feb, 15 by Barchart.com. We have $66.84 PT which if reached, will make NASDAQ:MZOR worth $138.96M more.

Mazor Robotics Ltd. (NASDAQ:MZOR) Ratings Coverage

Among 7 analysts covering Mazor Robotics (NASDAQ:MZOR), 2 have Buy rating, 2 Sell and 3 Hold. Therefore 29% are positive. Mazor Robotics had 16 analyst reports since November 20, 2015 according to SRatingsIntel. Ladenburg maintained the shares of MZOR in report on Monday, October 30 with “Buy” rating. The firm earned “Buy” rating on Friday, October 7 by B. Riley & Co. The company was maintained on Wednesday, August 30 by Needham. The stock of Mazor Robotics Ltd. (NASDAQ:MZOR) has “Neutral” rating given on Tuesday, May 31 by Sterne Agee CRT. The company was maintained on Thursday, October 5 by Needham. The stock of Mazor Robotics Ltd. (NASDAQ:MZOR) has “Reduce” rating given on Wednesday, April 19 by Standpoint Research. On Friday, July 8 the stock rating was initiated by Standpoint Research with “Buy”. Wells Fargo downgraded Mazor Robotics Ltd. (NASDAQ:MZOR) on Thursday, May 11 to “Market Perform” rating. The stock has “Sell” rating by Barclays Capital on Thursday, October 19. The stock has “Hold” rating by Needham on Wednesday, August 2.

More notable recent Mazor Robotics Ltd. (NASDAQ:MZOR) news were published by: Benzinga.com which released: “Lightning Round: Jim Cramer Weighs In On Bristol-Myers Squibb, Mazor Robotics …” on October 13, 2017, also Benzinga.com with their article: “Jim Cramer Gives His Opinion On Mazor Robotics And Arista Networks” published on December 07, 2017, Profitconfidential.com published: “MZOR Stock: Riding High in The Spine Surgery Market” on February 13, 2018. More interesting news about Mazor Robotics Ltd. (NASDAQ:MZOR) were released by: Benzinga.com and their article: “Mazor Robotics Makes New All-Time High By A Large Margin” published on March 24, 2017 as well as Quotes.Wsj.com‘s news article titled: “News Mazor Robotics Ltd. ADRMZOR” with publication date: May 29, 2013.

Mazor Robotics Ltd., together with its subsidiaries, engages in the development, production, and marketing of medical devices for supporting surgical procedures in the fields of orthopedics and neurosurgery in the United States and internationally. The company has market cap of $1.54 billion. The firm operates in the field of image guided surgery and computer assisted surgery that enable the use of surgical instruments with high precision and minimal invasiveness. It currently has negative earnings. It offers Mazor X surgical guidance system and Renaissance surgical guidance system that transform spine surgery from freehand procedures to guided procedures.

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