Medical Facilities Corp’s (DR) “Outperform” Rating Reaffirmed at Royal Bank Of Canada
Medical Facilities Corp (TSE:DR)‘s stock had its “outperform” rating restated by equities research analysts at Royal Bank Of Canada in a report released on Tuesday.
Several other brokerages also recently weighed in on DR. TD Securities reaffirmed a “buy” rating and set a C$25.00 price target on shares of Medical Facilities Corp in a report on Friday, October 7th. Canaccord Genuity lifted their price objective on shares of Medical Facilities Corp from C$22.00 to C$23.00 and gave the company a “buy” rating in a research report on Wednesday, September 28th.
Shares of Medical Facilities Corp (TSE:DR) traded down 1.32% during midday trading on Tuesday, reaching $17.95. 20,866 shares of the company’s stock traded hands. The company has a 50-day moving average of $21.27 and a 200-day moving average of $20.11. The company’s market capitalization is $557.26 million. Medical Facilities Corp has a one year low of $12.75 and a one year high of $23.44.
The firm also recently declared a monthly dividend, which was paid on Tuesday, November 15th. Investors of record on Tuesday, November 15th were given a $0.0938 dividend. This represents a $1.13 annualized dividend and a yield of 6.19%. The ex-dividend date of this dividend was Thursday, October 27th.
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.
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