CRH Medical Corp (TSE:CRH) had its target price dropped by equities research analysts at TD Securities from C$10.50 to C$10.00 in a research report issued on Friday. The brokerage presently has a “buy” rating on the stock. TD Securities’ price objective would suggest a potential upside of 114.13% from the stock’s previous close.
A number of other equities analysts also recently issued reports on the company. Scotiabank downgraded CRH Medical Corp from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from C$10.00 to C$8.00 in a report on Friday. Royal Bank Of Canada decreased their price objective on CRH Medical Corp from C$11.00 to C$10.00 and set a “sector perform” rating for the company in a report on Friday, April 28th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of C$8.75.
Shares of CRH Medical Corp (CRH) opened at 4.67 on Friday. The firm has a market cap of $345.20 million and a P/E ratio of 38.28. The company has a 50-day moving average of $7.75 and a 200 day moving average of $8.77. CRH Medical Corp has a 52-week low of $4.48 and a 52-week high of $12.35.
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In other news, Director David Johnson sold 30,000 shares of the firm’s stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of C$5.67, for a total transaction of C$170,100.00.
CRH Medical Corp Company Profile
CRH Medical Corporation is a Canada-based healthcare products and services company. The Company focused on providing physicians with services and products for the treatment of gastrointestinal diseases. The Company also provides anesthesiology services to gastroenterologists in the United States through its subsidiaries.
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