Concordia Healthcare Corp (CXR) Receives C$30.33 Average Price Target from Analysts
Shares of Concordia Healthcare Corp (TSE:CXR) (NASDAQ:CXRX) have been assigned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the company. Two investment analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is C$30.33.
Several brokerages have weighed in on CXR. Bloom Burton reiterated a “hold” rating on shares of Concordia Healthcare Corp in a report on Wednesday, October 26th. Royal Bank Of Canada lowered their target price on Concordia Healthcare Corp from C$32.00 to C$18.00 and set an “outperform” rating for the company in a report on Tuesday, September 20th. CIBC cut Concordia Healthcare Corp from a “sector perform” rating to an “underperform” rating in a report on Monday, August 15th. Finally, Goldman Sachs Group Inc. lowered their target price on Concordia Healthcare Corp from C$34.00 to C$17.00 in a report on Monday, August 15th.
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Concordia Healthcare Corp (TSE:CXR) opened at 3.54 on Friday. The firm has a 50-day moving average price of $4.40 and a 200 day moving average price of $17.22. The stock’s market capitalization is $180.60 million. Concordia Healthcare Corp has a 12 month low of $2.27 and a 12 month high of $28.35.
About Concordia Healthcare Corp
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