Concordia Healthcare Corp’s (CXR) “Outperform” Rating Reiterated at Royal Bank Of Canada
Concordia Healthcare Corp (TSE:CXR)‘s stock had its “outperform” rating restated by equities researchers at Royal Bank Of Canada in a report issued on Tuesday, StockTargetPrices.com reports. They currently have a C$18.50 price objective on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 206.29% from the company’s current price.
CXR has been the subject of a number of other reports. TD Securities increased their price target on Concordia Healthcare Corp from C$7.00 to C$14.00 and gave the company a “hold” rating in a research note on Monday, September 19th. Goldman Sachs Group Inc. set a C$34.00 price target on Concordia Healthcare Corp in a research note on Friday, July 22nd. Finally, CIBC cut Concordia Healthcare Corp from a “sector perform” rating to an “underperform” rating in a research note on Monday, August 15th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of C$27.38.
Concordia Healthcare Corp (TSE:CXR) traded down 2.48% on Tuesday, reaching $5.89. The company’s stock had a trading volume of 97,689 shares. Concordia Healthcare Corp has a 12 month low of $5.80 and a 12 month high of $58.75. The stock’s 50 day moving average price is $8.59 and its 200 day moving average price is $24.67. The company’s market cap is $300.49 million.
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About Concordia Healthcare Corp
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