Valeant Pharmaceuticals International (VRX) Stock Price Down 0.9%
Valeant Pharmaceuticals International, Inc. (TSE:VRX) (NYSE:VRX) shares dropped 0.9% during trading on Thursday . The company traded as low as C$26.86 and last traded at C$27.18. Approximately 1,527,091 shares changed hands during mid-day trading, a decline of 3% from the average daily volume of 1,579,271 shares. The stock had previously closed at C$27.44.
VRX has been the subject of a number of research analyst reports. Royal Bank of Canada lowered their target price on Valeant Pharmaceuticals International to C$22.50 and set a “sector perform” rating for the company in a research note on Friday, October 20th. TD Securities upgraded Valeant Pharmaceuticals International from a “hold” rating to a “buy” rating and set a C$25.50 target price for the company in a research note on Wednesday, November 8th.
The firm has a market capitalization of $9,120.00, a PE ratio of 5.34 and a beta of -0.67.
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About Valeant Pharmaceuticals International
Valeant Pharmaceuticals International, Inc is a pharmaceutical and medical device company. The Company is engaged in developing and marketing a range of branded, generic and branded generic pharmaceuticals, over-the-counter (OTC) products, and medical devices (contact lenses, intraocular lenses, ophthalmic surgical equipment, and aesthetics devices).
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