Concordia Healthcare Corp (CXR) Given Outperform Rating at Royal Bank Of Canada
Concordia Healthcare Corp (TSE:CXR)‘s stock had its “outperform” rating reiterated by equities research analysts at Royal Bank Of Canada in a report issued on Monday, StockTargetPrices.com reports. They presently have a C$18.00 price target on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 287.93% from the stock’s current price.
Other equities research analysts also recently issued reports about the company. TD Securities downgraded Concordia Healthcare Corp from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$37.00 to C$20.00 in a research report on Thursday, August 4th. Goldman Sachs Group Inc. decreased their target price on Concordia Healthcare Corp from C$34.00 to C$17.00 in a research report on Monday, August 15th. Finally, CIBC downgraded Concordia Healthcare Corp from a “sector perform” rating to an “underperform” rating in a research report on Monday, August 15th. One 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. Concordia Healthcare Corp has an average rating of “Hold” and an average target price of C$27.25.
Shares of Concordia Healthcare Corp (TSE:CXR) traded down 3.73% during mid-day trading on Monday, hitting $4.64. The stock had a trading volume of 681,476 shares. Concordia Healthcare Corp has a 12 month low of $4.52 and a 12 month high of $28.35. The firm has a 50 day moving average price of $7.86 and a 200-day moving average price of $24.06. The stock’s market cap is $236.72 million.
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Concordia Healthcare Corp Company Profile
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