CRH Medical Corp (CRH) Lowered to Sector Perform at RBC Capital Markets
RBC Capital Markets lowered shares of CRH Medical Corp (TSE:CRH) from an outperform rating to a sector perform rating in a research note issued to investors on Monday morning. They currently have C$8.50 target price on the stock, up from their prior target price of C$7.00.
Several other brokerages also recently commented on CRH. Royal Bank Of Canada boosted their price objective on shares of CRH Medical Corp from C$6.50 to C$7.00 in a research report on Friday, October 28th. CIBC restated an outperform rating on shares of CRH Medical Corp in a research report on Tuesday, September 13th. Finally, Bloom Burton restated a buy rating on shares of CRH Medical Corp in a research report on Friday, October 28th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of Buy and a consensus price target of C$7.57.
CRH Medical Corp (TSE:CRH) opened at 7.01 on Monday. The company has a market capitalization of $507.01 million and a price-to-earnings ratio of 71.53. CRH Medical Corp has a 12-month low of $2.98 and a 12-month high of $8.48. The firm’s 50-day moving average price is $6.78 and its 200 day moving average price is $5.30.
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