LivaNova PLC (NASDAQ:LIVN) had its target price hoisted by analysts at Jefferies Group LLC from $76.00 to $80.00 in a research report issued to clients and investors on Friday. The brokerage presently has a “buy” rating on the stock. Jefferies Group LLC’s target price suggests a potential upside of 17.53% from the stock’s current price.

Other equities analysts have also recently issued research reports about the stock. BidaskClub cut shares of LivaNova PLC from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. Needham & Company LLC raised shares of LivaNova PLC from a “hold” rating to a “buy” rating and set a $83.00 price target for the company in a research report on Friday. Berenberg Bank reissued a “buy” rating and issued a $70.00 price target on shares of LivaNova PLC in a research report on Friday, August 11th. Piper Jaffray Companies reissued an “overweight” rating and issued a $75.00 price target on shares of LivaNova PLC in a research report on Tuesday. Finally, WBB Securities cut shares of LivaNova PLC from a “hold” rating to a “sell” rating and set a $50.00 price target for the company. in a research report on Tuesday, August 15th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $68.67.

LivaNova PLC (LIVN) traded up 0.44% during mid-day trading on Friday, hitting $68.37. 536,028 shares of the stock traded hands. The stock has a market cap of $3.34 billion, a P/E ratio of 122.09 and a beta of 0.58. LivaNova PLC has a 12 month low of $40.83 and a 12 month high of $69.29. The stock has a 50-day moving average price of $62.35 and a 200-day moving average price of $57.45.

LivaNova PLC (NASDAQ:LIVN) last issued its quarterly earnings results on Wednesday, August 9th. The company reported $1.01 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.19. LivaNova PLC had a net margin of 2.26% and a return on equity of 9.08%. The company had revenue of $321.40 million during the quarter, compared to analysts’ expectations of $315.75 million. The business’s quarterly revenue was up .1% compared to the same quarter last year. On average, equities analysts forecast that LivaNova PLC will post $3.24 earnings per share for the current year.

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In other LivaNova PLC news, Director Daniel Jeffrey Moore sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $61.55, for a total value of $61,550.00. Following the completion of the transaction, the director now owns 56,437 shares of the company’s stock, valued at approximately $3,473,697.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.28% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in LIVN. Capstone Asset Management Co. acquired a new stake in shares of LivaNova PLC in the 1st quarter valued at $233,000. Glen Harbor Capital Management LLC raised its holdings in shares of LivaNova PLC by 11.4% in the 1st quarter. Glen Harbor Capital Management LLC now owns 2,992 shares of the company’s stock valued at $147,000 after purchasing an additional 306 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in shares of LivaNova PLC by 1.3% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 15,360 shares of the company’s stock valued at $753,000 after purchasing an additional 200 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of LivaNova PLC by 232.5% in the 1st quarter. American Century Companies Inc. now owns 49,869 shares of the company’s stock valued at $2,444,000 after purchasing an additional 34,872 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of LivaNova PLC by 5.1% in the 1st quarter. Bank of New York Mellon Corp now owns 374,488 shares of the company’s stock valued at $18,353,000 after purchasing an additional 18,042 shares in the last quarter. Institutional investors and hedge funds own 82.36% of the company’s stock.

LivaNova PLC Company Profile

LivaNova PLC is a medical device company focused on the development and delivery of therapeutic solutions. The Company’s segments include Cardiac Surgery, Cardiac Rhythm Management, Neuromodulation and Other. The Cardiac Surgery segment is engaged in the development, production and sale of cardiovascular surgery products.

Analyst Recommendations for LivaNova PLC (NASDAQ:LIVN)

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