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Novadaq Technologies (NASDAQ:NVDQ) has been given an average rating of “Buy” by the seven analysts that are covering the stock, AnalystRatings.Net reports. One investment analyst has rated the stock with a sell rating and four have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $15.75.

A number of analysts have recently weighed in on NVDQ shares. Analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Novadaq Technologies in a research note on Wednesday. They now have a $19.00 price target on the stock, down previously from $20.00. Separately, analysts at RBC Capital cut their price target on shares of Novadaq Technologies from $18.00 to $17.00 in a research note on Wednesday. Finally, analysts at Canaccord Genuity cut their price target on shares of Novadaq Technologies from $21.00 to $18.00 in a research note on Wednesday.

Novadaq Technologies (NASDAQ:NVDQ) opened at 13.92 on Wednesday. Novadaq Technologies has a 52 week low of $11.91 and a 52 week high of $24.09. The stock’s 50-day moving average is $16.12 and its 200-day moving average is $17.82. The company’s market cap is $768.2 million.

Novadaq Technologies (NASDAQ:NVDQ) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.11 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.07) by $0.18. The company had revenue of $11.20 million for the quarter, compared to the consensus estimate of $11.33 million. During the same quarter last year, the company posted ($0.05) earnings per share. Novadaq Technologies’s revenue was up 38.3% compared to the same quarter last year. On average, analysts predict that Novadaq Technologies will post $-0.25 earnings per share for the current fiscal year.

Novadaq Technologies Inc develops and commercializes medical imaging and therapeutic devices for use in the operating room.

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