Royal Bank Of Canada Increases CRH Medical Corp (CRH) Price Target to C$8.50
CRH Medical Corp (TSE:CRH) had its price objective hoisted by analysts at Royal Bank Of Canada from C$7.00 to C$8.50 in a report issued on Monday. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 1.67% from the company’s current price.
CRH has been the topic of several other reports. Bloom Burton reissued a “buy” rating on shares of CRH Medical Corp in a research report on Friday, October 28th. CIBC reissued an “outperform” rating on shares of CRH Medical Corp in a research report on Tuesday, September 13th. Finally, RBC Capital Markets set a C$6.50 price objective on shares of CRH Medical Corp and gave the company an “outperform” rating in a research report on Thursday, October 6th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. CRH Medical Corp currently has an average rating of “Buy” and an average price target of C$6.90.
CRH Medical Corp (TSE:CRH) traded down 9.09% during trading on Monday, reaching $7.60. 794,781 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $6.74 and its 200 day moving average price is $5.26. The firm has a market cap of $549.68 million and a P/E ratio of 77.55. CRH Medical Corp has a 52-week low of $2.98 and a 52-week high of $8.48.
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