CRH Medical Corp (TSE:CRH) had its price objective cut by Royal Bank Of Canada from C$8.50 to C$6.00 in a report issued on Friday morning. They currently have an outperform rating on the stock.
Several other analysts also recently weighed in on the stock. TD Securities reiterated a buy rating and issued a C$12.00 price objective on shares of CRH Medical Corp in a research report on Friday, April 28th. Scotiabank dropped their price target on shares of CRH Medical Corp from C$10.25 to C$9.75 and set an outperform rating on the stock in a research report on Tuesday, April 25th. Bloom Burton downgraded shares of CRH Medical Corp from a buy rating to an accumulate rating in a research report on Friday, July 14th. Finally, National Bank Financial dropped their price target on shares of CRH Medical Corp from C$9.00 to C$7.00 in a research report on Monday, July 17th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus price target of C$7.75.
CRH Medical Corp (TSE:CRH) opened at 4.07 on Friday. The firm has a market capitalization of $300.85 million and a price-to-earnings ratio of 33.36. CRH Medical Corp has a 52 week low of $4.00 and a 52 week high of $12.35. The stock’s 50 day moving average is $6.98 and its 200-day moving average is $8.66.
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In other CRH Medical Corp news, Director David Johnson sold 30,000 shares of the business’s stock in a transaction dated Wednesday, June 28th. The shares were sold at an average price of C$5.67, for a total transaction of C$170,100.00.
CRH Medical Corp Company Profile
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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