Valeant Pharmaceuticals Intl Inc (VRX) Given Consensus Recommendation of “Hold” by Brokerages

Valeant Pharmaceuticals Intl Inc (TSE:VRX) (NYSE:VRX) has received a consensus recommendation of “Hold” from the five analysts that are covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$22.50.

Several analysts have weighed in on VRX shares. TD Securities boosted their price objective on Valeant Pharmaceuticals Intl to C$26.00 and gave the stock a “hold” rating in a report on Wednesday, July 12th. Royal Bank Of Canada dropped their price objective on Valeant Pharmaceuticals Intl to C$22.50 and set a “sector perform” rating for the company in a report on Friday, October 20th.

In other news, Director John Paulson sold 24,700 shares of the company’s stock in a transaction dated Wednesday, August 9th. The stock was sold at an average price of C$14.66, for a total value of C$362,102.00. Also, Director Schutter Richard Urbain De purchased 4,900 shares of the stock in a transaction dated Monday, August 21st. The stock was bought at an average cost of C$14.35 per share, with a total value of C$70,315.00.

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Valeant Pharmaceuticals Intl (VRX) opened at 14.64 on Monday. Valeant Pharmaceuticals Intl has a 1-year low of $11.20 and a 1-year high of $32.50. The firm’s 50-day moving average is $16.89 and its 200 day moving average is $17.57. The firm’s market cap is $5.10 billion.

About Valeant Pharmaceuticals Intl

Valeant Pharmaceuticals International, Inc is a pharmaceutical and medical device company. The Company is engaged in developing and marketing a range of branded, generic and branded generic pharmaceuticals, over-the-counter (OTC) products, and medical devices (contact lenses, intraocular lenses, ophthalmic surgical equipment, and aesthetics devices).

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