Royal Bank Of Canada Reaffirms “Sector Perform” Rating for Concordia Healthcare Corp (CXR)
Royal Bank Of Canada reissued their sector perform rating on shares of Concordia Healthcare Corp (TSE:CXR) (NASDAQ:CXRX) in a report issued on Monday morning, StockTargetPrices.com reports.
A number of other equities analysts also recently issued reports on CXR. Bloom Burton reaffirmed a hold rating on shares of Concordia Healthcare Corp in a research report on Wednesday, October 26th. CIBC downgraded Concordia Healthcare Corp from a sector perform rating to an underperform rating in a research report on Monday, August 15th. Goldman Sachs Group Inc. reduced their price target on Concordia Healthcare Corp from C$34.00 to C$17.00 in a research report on Monday, August 15th. Finally, TD Securities downgraded Concordia Healthcare Corp from a buy rating to a hold rating and reduced their price target for the stock from C$37.00 to C$20.00 in a research report on Thursday, August 4th. Two investment analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Concordia Healthcare Corp presently has a consensus rating of Hold and an average price target of C$26.13.
Shares of Concordia Healthcare Corp (TSE:CXR) opened at 3.44 on Monday. The firm’s 50-day moving average price is $4.40 and its 200-day moving average price is $17.22. The company’s market capitalization is $175.50 million. Concordia Healthcare Corp has a 12-month low of $2.27 and a 12-month high of $28.35.
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About Concordia Healthcare Corp
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