Medical Facilities Corp (DR) PT Lowered to C$13.00 at Royal Bank Of Canada
Medical Facilities Corp (TSE:DR) had its price target reduced by Royal Bank Of Canada from C$14.00 to C$13.00 in a note issued to investors on Friday. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential downside of 1.66% from the company’s current price.
A number of other equities analysts also recently weighed in on DR. Canaccord Genuity lowered their price target on Medical Facilities Corp from C$17.00 to C$14.50 in a research report on Tuesday, August 8th. National Bank Financial lowered their price target on Medical Facilities Corp from C$16.50 to C$15.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 9th. CIBC lowered their price target on Medical Facilities Corp from C$18.25 to C$16.00 and set a “neutral” rating on the stock in a research report on Friday, August 11th. Finally, TD Securities lowered their price target on Medical Facilities Corp from C$21.00 to C$19.00 and set a “buy” rating on the stock in a research report on Friday, August 11th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of C$15.50.
Shares of Medical Facilities Corp (DR) traded up C$0.65 during midday trading on Friday, reaching C$13.22. The company’s stock had a trading volume of 228,258 shares, compared to its average volume of 179,060. Medical Facilities Corp has a 1 year low of C$11.14 and a 1 year high of C$20.39.
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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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