Dallas, Texas 08/01/2013 (Financialstrend) – Shares of Boston Scientific had recently been gaining in prices with the price targets and ratings given to the stock being boosted up by the analysts in the market. Boston Scientific Corporation (NYSE:BSX) had presented gains of 0.83% with the trading on Wednesday and had thereby closed at $10.92 per share. While the stock opened at $10.84 per share, there had been fluctuations in the intraday prices ranging between $10.83 and $11.00 per share during the day. The 52 week low price for the stock is presently at $5.04 and 52 week high price is at $11.11 per share. There are a total 1.34 Billion shares in the market valuing to a market cap of $14.63 billion. The stock witnessed around 15.12 million shares being exchanged hands on Wednesday while the average level of trading is at 18.66 million shares a day.
Boston Scientific Corporation is a creator, producer and vendor of health devices that are used in a range of interventional health specialties. The company had its target price boosted by Oppenheimer from $8.00 to $10.00 in a report issued on Friday. They currently have a market perform rating on the stock. Other equities study analysts have also in recent times allotted news about the stock. Analysts at Jefferies Group elevated their price target on shares of Boston Scientific Corp. from $8.30 to $10.00 in a research note to stockholders on Friday. They now have a hold rating on the stock. Independently, analysts at Credit Suisse elevated their worth target on shares of Boston Scientific Corp. from $10.50 to $11.00 in a research note to stockholders on Friday. To achieve, predictors at BMO Capital Markets elevated their price target on shares of Boston Scientific Corp. from $8.50 to $9.80 in a research note to stockholders on Friday. They now have a market perform rating on the stock.