Royal Bank Of Canada reaffirmed their outperform rating on shares of Medical Facilities Corp (TSE:DR) in a research note released on Thursday morning, reports.

Separately, Canaccord Genuity lifted their price objective on Medical Facilities Corp from C$22.00 to C$23.00 and gave the stock a buy rating in a research report on Wednesday, September 28th.

Medical Facilities Corp (TSE:DR) opened at 21.82 on Thursday. The company’s market cap is $677.40 million. The stock’s 50 day moving average price is $21.14 and its 200-day moving average price is $18.96. Medical Facilities Corp has a 52-week low of $12.75 and a 52-week high of $22.66.

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 17th. Investors of record on Monday, October 17th will be given a dividend of $0.0938 per share. The ex-dividend date is Wednesday, September 28th. This represents a $1.13 dividend on an annualized basis and a yield of 5.16%.

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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