CRH Medical Corp (CRH) Given Consensus Rating of “Buy” by Brokerages

CRH Medical Corp (TSE:CRH) has received an average rating of “Buy” from the six analysts that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is C$3.88.

Several equities research analysts have recently weighed in on CRH shares. TD Securities lowered their target price on shares of CRH Medical from C$3.25 to C$2.50 and set a “hold” rating on the stock in a report on Monday, November 6th. National Bank Financial lowered their target price on shares of CRH Medical from C$5.25 to C$4.25 and set an “outperform” rating on the stock in a report on Monday, November 6th. Scotiabank lowered their target price on shares of CRH Medical from C$6.00 to C$4.25 and set an “outperform” rating on the stock in a report on Friday, November 3rd. Finally, Royal Bank of Canada lowered their target price on shares of CRH Medical from C$5.00 to C$4.50 and set an “outperform” rating on the stock in a report on Thursday, November 2nd.

CRH Medical (CRH) opened at C$3.39 on Friday. CRH Medical has a one year low of C$1.86 and a one year high of C$12.35. The stock has a market cap of $251.29, a price-to-earnings ratio of 30.82 and a beta of 0.93.

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About CRH Medical

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.

Analyst Recommendations for CRH Medical (TSE:CRH)

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