Medical Facilities Corp (TSE:DR) had its price target lowered by Royal Bank Of Canada from C$14.00 to C$13.00 in a report released on Friday. Royal Bank Of Canada currently has a sector perform rating on the stock.

Several other equities research analysts have also recently commented on the company. Canaccord Genuity increased their price objective on Medical Facilities Corp from C$14.50 to C$16.00 in a research report on Monday, August 28th. National Bank Financial dropped their price objective on Medical Facilities Corp from C$16.50 to C$15.00 and set a sector perform rating on the stock in a research report on Wednesday, August 9th. CIBC dropped their price objective on Medical Facilities Corp from C$18.25 to C$16.00 and set a neutral rating on the stock in a research report on Friday, August 11th. Finally, TD Securities dropped their price objective on Medical Facilities Corp from C$21.00 to C$19.00 and set a buy rating on the stock in a research report on Friday, August 11th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average price target of C$14.80.

Shares of Medical Facilities Corp (TSE DR) opened at C$12.66 on Friday. Medical Facilities Corp has a 12-month low of C$11.14 and a 12-month high of C$19.90.

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The company also recently announced a monthly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 15th will be given a $0.0938 dividend. The ex-dividend date is Monday, October 30th. This represents a $1.13 annualized dividend and a yield of 8.89%. Medical Facilities Corp’s payout ratio is 98.46%.

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.

Analyst Recommendations for Medical Facilities Corp (TSE:DR)

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