Akumin Inc. (AKU.TO) (TSE:AKU) Given New C$3.25 Price Target at National Bank Financial

Akumin Inc. (AKU.TO) (TSE:AKU) had its price target boosted by National Bank Financial from C$2.50 to C$3.25 in a research note issued to investors on Wednesday morning, AnalystRatings.net reports. The firm currently has a sector perform rating on the stock.

Separately, Canaccord Genuity increased their price target on shares of Akumin Inc. (AKU.TO) from C$5.00 to C$5.25 in a research note on Monday, August 17th.

AKU stock opened at C$4.85 on Wednesday. The company has a 50 day moving average of C$4.19 and a two-hundred day moving average of C$3.19. Akumin Inc. has a 12-month low of C$1.75 and a 12-month high of C$5.16. The company has a market cap of $340.36 million and a price-to-earnings ratio of 98.98. The company has a quick ratio of 2.34, a current ratio of 2.36 and a debt-to-equity ratio of 354.70.

Akumin Inc. (AKU.TO) (TSE:AKU) last announced its quarterly earnings results on Wednesday, August 12th. The company reported C($0.01) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C($0.15) by C$0.14. The business had revenue of C$74.36 million for the quarter, compared to analyst estimates of C$60.11 million.

Akumin Inc. (AKU.TO) Company Profile

Akumin Inc provides outpatient diagnostic imaging services in the United States. As of December 31, 2019, the company operated 129 imaging centers located in Florida, Pennsylvania, Delaware, Georgia, Texas, Illinois, and Kansas. Its centers offer physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders, and reduce unnecessary invasive procedures.

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