CRH Medical Corp (CRH) Price Target Cut to C$4.25 by Analysts at Scotiabank
CRH Medical Corp (TSE:CRH) had its target price dropped by stock analysts at Scotiabank from C$6.00 to C$4.25 in a research note issued on Friday. The firm presently has an “outperform” rating on the stock. Scotiabank’s target price would indicate a potential upside of 79.32% from the company’s current price.
A number of other equities analysts have also commented on CRH. Royal Bank Of Canada reduced their price objective on CRH Medical Corp from C$8.50 to C$6.00 and set an “outperform” rating on the stock in a research note on Friday, July 21st. TD Securities reduced their price objective on CRH Medical Corp from C$10.50 to C$10.00 and set a “buy” rating on the stock in a research note on Friday, July 14th. National Bank Financial cut their price target on CRH Medical Corp from C$9.00 to C$7.00 in a research note on Monday, July 17th. Finally, Bloom Burton downgraded CRH Medical Corp from a “buy” rating to an “accumulate” rating in a report on Friday, July 14th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of C$4.50.
CRH Medical Corp (TSE CRH) traded down C$0.64 on Friday, hitting C$2.37. The stock had a trading volume of 1,653,200 shares.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another website, it was copied illegally and reposted in violation of US and international trademark and copyright legislation. The original version of this piece of content can be read at https://www.americanbankingnews.com/2017/11/04/crh-medical-corp-crh-price-target-cut-to-c4-25-by-analysts-at-scotiabank.html.
About CRH Medical Corp
CRH Medical Corporation is a Canada-based healthcare products and services company. The Company focused on providing physicians with services and products for the treatment of gastrointestinal diseases. The Company also provides anesthesiology services to gastroenterologists in the United States through its subsidiaries.
Receive News & Ratings for CRH Medical Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CRH Medical Corp and related companies with MarketBeat.com's FREE daily email newsletter.