Medical Facilities Corp (DR) Rating Reiterated by TD Securities
Medical Facilities Corp (TSE:DR)‘s stock had its “buy” rating reaffirmed by equities research analysts at TD Securities in a report issued on Friday, StockTargetPrices.com reports. They presently have a C$25.00 target price on the stock. TD Securities’ price target points to a potential upside of 11.71% from the stock’s current price.
DR has been the topic of a number of other reports. Canaccord Genuity lifted their price objective on shares of Medical Facilities Corp from C$18.00 to C$22.00 and gave the company a “buy” rating in a research note on Monday, July 18th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Medical Facilities Corp in a research note on Thursday, September 29th.
Medical Facilities Corp (TSE:DR) traded up 1.07% during mid-day trading on Friday, reaching $22.62. 61,839 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $21.25 and its 200 day moving average is $19.01. The stock’s market capitalization is $702.24 million. Medical Facilities Corp has a 1-year low of $12.75 and a 1-year high of $22.66.
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The company also recently declared a monthly dividend, which will be paid on Monday, October 17th. Stockholders of record on Monday, October 17th will be paid a dividend of $0.0938 per share. The ex-dividend date of this dividend 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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