Royal Bank Of Canada Reiterates “Sector Perform” Rating for Valeant Pharmaceuticals Intl Inc (VRX)
Valeant Pharmaceuticals Intl Inc (TSE:VRX) (NYSE:VRX)‘s stock had its “sector perform” rating restated by equities research analysts at Royal Bank Of Canada in a research note issued to investors on Monday. They currently have a C$39.00 price target on the specialty pharmaceutical company’s stock. Royal Bank Of Canada’s price objective suggests a potential upside of 69.20% from the company’s previous close.
Other equities analysts have also recently issued research reports about the stock. Scotiabank decreased their target price on shares of Valeant Pharmaceuticals Intl from C$32.00 to C$17.00 and set a “sector perform” rating on the stock in a research report on Wednesday, November 9th. TD Securities decreased their target price on shares of Valeant Pharmaceuticals Intl from C$38.50 to C$18.00 and set a “hold” rating on the stock in a research report on Thursday, November 10th.
Valeant Pharmaceuticals Intl (TSE:VRX) opened at 23.05 on Monday. The company’s market cap is $8.01 billion. The stock’s 50 day moving average is $26.29 and its 200-day moving average is $31.45. Valeant Pharmaceuticals Intl has a 52-week low of $18.41 and a 52-week high of $165.77.
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Valeant Pharmaceuticals Intl Company Profile
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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