Cormark Equities Analysts Increase Earnings Estimates for Cipher Pharmaceuticals Inc (CPH)
Cipher Pharmaceuticals Inc (TSE:CPH) (NASDAQ:CPHR) – Investment analysts at Cormark increased their FY2017 earnings estimates for Cipher Pharmaceuticals in a report issued on Monday. Cormark analyst D. Novak now expects that the company will earn $0.49 per share for the year, up from their prior estimate of $0.47.
CPH has been the topic of several other research reports. Bloom Burton downgraded Cipher Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Monday, August 14th. TD Securities lifted their price target on Cipher Pharmaceuticals from C$5.50 to C$6.50 in a research note on Monday, August 14th.
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Shares of Cipher Pharmaceuticals (TSE CPH) opened at C$4.75 on Tuesday. Cipher Pharmaceuticals has a 12 month low of C$3.50 and a 12 month high of C$5.75.
About Cipher Pharmaceuticals
Cipher Pharmaceuticals Inc, together with its subsidiaries, operates as a specialty pharmaceutical dermatology company in South America, Canada, and the United States. It offers CIP-ISOTRETINOIN, a formulation of the active ingredient isotretinoin for use in the treatment of severe acne; CIP-FENOFIBRATE, a formulation of the active ingredient fenofibrate used for the treatment of hyperlipidemia, a cholesterol disorder; and CIP-TRAMADOL ER, a formulation of the active ingredient tramadol for the management of moderate to moderately severe pain.
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