Why Intuitive Surgical Split Its Shares in 2017
Investors know Intuitive Surgical (NASDAQ: ISRG) as a pioneer in the medical device industry, with its robotic surgical systems having revolutionized the way that doctors perform key procedures. This year, Intuitive Surgical was a pioneer in another respect: It decided to do a stock split. In an environment in which many companies have simply let their share prices run ever higher without splitting their shares, Intuitive Surgical's decision came as somewhat of a surprise to some investors.
As you can see below, there were some good reasons for the company to do a stock split, and shareholders are right to see it as a vote of confidence in Intuitive Surgical's future.
Split Date
Source: Fool.com
Intuitive Surgical Inc Stock
€445.35
1.350%
With 36 Buy predictions and not a single Sell prediction Intuitive Surgical Inc is an absolute favorite of our community.
With a current price of 445.35 € Intuitive Surgical Inc is right around the predicted target price of 449 €.
