CRH Medical Corp (TSE:CRH) had its price objective cut by investment analysts at TD Securities from C$10.50 to C$10.00 in a report released on Friday. The brokerage currently has a “buy” rating on the stock. TD Securities’ price objective would indicate a potential upside of 114.13% from the company’s current price.
Other research analysts have also issued reports about the company. Scotiabank reduced their price target on CRH Medical Corp from C$10.25 to C$9.75 and set an “outperform” rating for the company in a research report on Tuesday, April 25th. Royal Bank Of Canada reduced their price target on CRH Medical Corp from C$11.00 to C$10.00 and set a “sector perform” rating for the company in a research report on Friday, April 28th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. CRH Medical Corp has a consensus rating of “Hold” and a consensus target price of C$8.75.
CRH Medical Corp (TSE CRH) opened at 4.67 on Friday. The stock’s 50 day moving average price is $7.75 and its 200 day moving average price is $8.77. CRH Medical Corp has a one year low of $4.48 and a one year high of $12.35. The company has a market capitalization of $345.20 million and a P/E ratio of 38.28.
In related news, Director David Johnson sold 30,000 shares of the company’s stock in a transaction dated Wednesday, June 28th. The stock was sold at an average price of C$5.67, for a total transaction of C$170,100.00.
About CRH Medical Corp
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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