CRH Medical Corp (CRH) Given New C$4.50 Price Target at Royal Bank Of Canada
CRH Medical Corp (TSE:CRH) had its target price trimmed by Royal Bank Of Canada from C$5.00 to C$4.50 in a research report released on Thursday morning. The brokerage currently has an outperform rating on the stock.
CRH has been the topic of a number of other research reports. TD Securities dropped their price target on CRH Medical Corp from C$12.00 to C$10.50 and set a buy rating on the stock in a research report on Friday, July 7th. Scotiabank dropped their price target on CRH Medical Corp from C$7.00 to C$6.75 and set an outperform rating on the stock in a research report on Thursday, August 3rd. National Bank Financial dropped their price objective on CRH Medical Corp from C$7.00 to C$5.25 and set an outperform rating on the stock in a research report on Thursday, August 3rd. Beacon Securities downgraded CRH Medical Corp from a buy rating to a hold rating in a research report on Thursday, August 3rd. Finally, Bloom Burton downgraded CRH Medical Corp from a buy rating to an accumulate rating in a research report on Friday, July 14th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of Buy and an average price target of C$4.50.
Shares of CRH Medical Corp (CRH) traded down C$0.64 during trading on Thursday, reaching C$2.37. 1,653,200 shares of the company’s stock traded hands.
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.
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