Concordia Healthcare Corp (CXR) Price Target Raised to C$14.00
Concordia Healthcare Corp (TSE:CXR) had its price objective hoisted by research analysts at TD Securities from C$7.00 to C$14.00 in a report released on Monday. The brokerage presently has a “hold” rating on the stock. TD Securities’ target price would suggest a potential upside of 107.10% from the company’s previous close.
Other equities research analysts also recently issued research reports about the company. Goldman Sachs Group Inc. decreased their price objective on Concordia Healthcare Corp from C$34.00 to C$17.00 in a report on Monday, August 15th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a C$73.00 target price on shares of Concordia Healthcare Corp in a research report on Thursday, May 26th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of C$27.25.
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Concordia Healthcare Corp (TSE:CXR) traded up 2.66% on Monday, reaching $6.94. The company’s stock had a trading volume of 322,512 shares. The firm has a 50 day moving average of $13.06 and a 200 day moving average of $28.33. Concordia Healthcare Corp has a 12 month low of $6.33 and a 12 month high of $95.21. The firm’s market cap is $354.06 million.
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