Concordia Healthcare Corp (CXR) Given “Outperform” Rating at Royal Bank Of Canada
Royal Bank Of Canada reiterated their outperform rating on shares of Concordia Healthcare Corp (TSE:CXR) in a research report sent to investors on Tuesday morning. Royal Bank Of Canada currently has a C$18.50 price objective on the stock.
Other analysts have also recently issued reports about the stock. TD Securities boosted their price objective on shares of Concordia Healthcare Corp from C$7.00 to C$14.00 and gave the stock a hold rating in a research note on Monday, September 19th. Goldman Sachs Group Inc. set a C$34.00 price objective on shares of Concordia Healthcare Corp in a research note on Friday, July 22nd. Finally, CIBC cut shares of Concordia Healthcare Corp from a sector perform rating to an underperform rating in a research note on Monday, August 15th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of Hold and an average target price of C$27.38.
Concordia Healthcare Corp (TSE:CXR) opened at 5.72 on Tuesday. The stock has a 50 day moving average of $8.42 and a 200-day moving average of $24.53. Concordia Healthcare Corp has a 52 week low of $5.64 and a 52 week high of $58.75. The stock’s market cap is $291.82 million.
About Concordia Healthcare Corp
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