Canaccord Genuity Boosts Consort Medical plc Price Target to GBX 1,182 (CSRT)
Investment analysts at Canaccord Genuity lifted their price objective on shares of Consort Medical plc (LON:CSRT) from GBX 1,045 ($17.34) to GBX 1,182 ($19.62) in a note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price objective would indicate a potential upside of 29.18% from the company’s current price.
Shares of Consort Medical plc (LON:CSRT) traded up 3.99% during mid-day trading on Thursday, hitting GBX 951.5001. The stock had a trading volume of 8,514 shares. Consort Medical plc has a 52-week low of GBX 839.9999 and a 52-week high of GBX 1113.00. The stock has a 50-day moving average of GBX 918. and a 200-day moving average of GBX 931.. The company’s market cap is £274.5 million.
A number of other analysts have also recently weighed in on CSRT. Analysts at Shore Capital upgraded shares of Consort Medical plc to a “buy” rating in a research note on Wednesday, July 2nd. Separately, analysts at Westhouse Securities reiterated a “buy” rating on shares of Consort Medical plc in a research note on Friday, June 20th. They now have a GBX 1,100 ($18.25) price target on the stock. Finally, analysts at Investec raised their price target on shares of Consort Medical plc from GBX 1,005 ($16.68) to GBX 1,021 ($16.94) in a research note on Tuesday, June 17th. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of GBX 1,019.22 ($16.91).
Consort Medical plc is a healthcare company focused on medical technologies. The principal activities of the Company are the design, development and manufacture of specialty medical drug delivery devices and services to the pharmaceutical industry through its Bespak Division and disposable airway management products for critical care settings in hospitals and pre-hospital settings through its King Systems Division.
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