CRH Medical Corp (TSE:CRH) had its price objective lifted by Royal Bank Of Canada from C$8.50 to C$10.00 in a report issued on Monday, July 17th. The firm currently has a sector perform rating on the stock.
Several other brokerages have also recently weighed in on CRH. TD Securities reaffirmed a buy rating and issued a C$12.00 price target on shares of CRH Medical Corp in a research note on Friday, April 28th. Scotiabank cut CRH Medical Corp from an outperform rating to a sector perform rating and reduced their price target for the stock from C$10.00 to C$8.00 in a research note on Friday, July 14th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. CRH Medical Corp currently has an average rating of Buy and a consensus target price of C$6.75.
CRH Medical Corp (CRH) opened at 3.07 on Monday. CRH Medical Corp has a 52 week low of $2.67 and a 52 week high of $12.35. The firm has a market cap of $227.49 million and a price-to-earnings ratio of 31.33. The stock’s 50 day moving average is $5.28 and its 200 day moving average is $8.22.
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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 on Wednesday, June 28th. The stock was sold at an average price of C$5.67, for a total value of C$170,100.00.
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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