Medical Facilities Corp (DR) Rating Reiterated by TD Securities
Medical Facilities Corp (TSE:DR)‘s stock had its “buy” rating reiterated by equities research analysts at TD Securities in a research note issued on Friday. They currently have a C$25.00 price target on the stock. TD Securities’ target price would suggest a potential upside of 11.71% from the stock’s previous close.
A number of other research analysts also recently weighed in on the company. Royal Bank Of Canada reiterated an “outperform” rating on shares of Medical Facilities Corp in a report on Thursday, September 29th. Canaccord Genuity upped their target price on Medical Facilities Corp from C$22.00 to C$23.00 and gave the stock a “buy” rating in a report on Wednesday, September 28th.
Medical Facilities Corp (TSE:DR) traded up 0.76% during mid-day trading on Friday, reaching $22.55. The company’s stock had a trading volume of 72,748 shares. Medical Facilities Corp has a 12-month low of $12.75 and a 12-month high of $22.66. The firm’s market cap is $700.06 million. The company has a 50-day moving average price of $21.25 and a 200-day moving average price of $19.01.
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The business also recently declared a monthly dividend, which will be paid on Monday, October 17th. Stockholders of record on Monday, October 17th will be given a $0.0938 dividend. The ex-dividend date is Wednesday, September 28th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 5.03%.
Medical Facilities Corp Company Profile
Medical Facilities Corporation is a Canada-based company, which owns interests in over six entities (the Centers), approximately five of which either own a specialty surgical hospital (SSH) or an ambulatory surgery center (ASC). The Company’s Centers offer facilities, such as staff, surgical materials and supplies, and other support necessary for scheduled surgical, pain management, imaging and diagnostic procedures.
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