Valeant Pharmaceuticals Intl Inc (TSE:VRX) PT Raised to C$26.00
Valeant Pharmaceuticals Intl Inc (TSE:VRX) (NYSE:VRX) had its target price increased by TD Securities to C$26.00 in a research note issued on Wednesday, StockTargetPrices.com reports. The firm presently has a “hold” rating on the specialty pharmaceutical company’s stock. TD Securities’ price target suggests a potential upside of 21.21% from the stock’s current price.
Several other equities research analysts also recently commented on VRX. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Valeant Pharmaceuticals Intl in a report on Thursday, June 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a C$25.00 target price on shares of Valeant Pharmaceuticals Intl in a report on Monday, June 19th. Finally, Scotiabank upped their target price on Valeant Pharmaceuticals Intl to C$19.00 and gave the company a “sector perform” rating in a report on Wednesday, May 10th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of C$23.33.
Valeant Pharmaceuticals Intl (TSE VRX) traded up 0.89% on Wednesday, hitting $21.64. The stock had a trading volume of 564,390 shares. The stock has a 50-day moving average of $18.18 and a 200-day moving average of $17.31. The company’s market cap is $7.53 billion. Valeant Pharmaceuticals Intl has a one year low of $11.20 and a one year high of $42.25.
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In other Valeant Pharmaceuticals Intl news, Director Schutter Richard Urbain De acquired 20,000 shares of Valeant Pharmaceuticals Intl stock in a transaction that occurred on Thursday, May 11th. The stock was purchased at an average cost of C$13.90 per share, with a total value of C$278,000.00.
About Valeant Pharmaceuticals Intl
Valeant Pharmaceuticals International, Inc is a pharmaceutical and medical device company. The Company is engaged in developing and marketing a range of branded, generic and branded generic pharmaceuticals, over-the-counter (OTC) products, and medical devices (contact lenses, intraocular lenses, ophthalmic surgical equipment, and aesthetics devices).
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