Medical Facilities Corp (TSE:DR) had its target price raised by Canaccord Genuity from C$22.00 to C$23.00 in a research note published on Wednesday morning. The brokerage currently has a buy rating on the stock.

Separately, Royal Bank Of Canada reaffirmed an outperform rating on shares of Medical Facilities Corp in a research report on Monday, July 18th.

Shares of Medical Facilities Corp (TSE:DR) opened at 21.98 on Wednesday. Medical Facilities Corp has a one year low of $12.75 and a one year high of $22.66. The firm’s 50-day moving average is $21.10 and its 200-day moving average is $18.92. The company’s market cap is $682.37 million.

The company also recently announced a monthly dividend, which will be paid on Monday, October 17th. Stockholders of record on Monday, October 17th will be issued a dividend of $0.0938 per share. This represents a $1.13 dividend on an annualized basis and a dividend yield of 5.12%. The ex-dividend date is Wednesday, September 28th.

About Medical Facilities Corp

Medical Facilities Corporation is a Canada-based company, which owns interests in over six entities (the Centers), approximately five of which either own a specialty surgical hospital (SSH) or an ambulatory surgery center (ASC). The Company’s Centers offer facilities, such as staff, surgical materials and supplies, and other support necessary for scheduled surgical, pain management, imaging and diagnostic procedures.

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