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 reaffirmed by stock analysts at Royal Bank Of Canada in a research note issued on Wednesday. They presently have a C$23.00 price target on the specialty pharmaceutical company’s stock. Royal Bank Of Canada’s price target would indicate a potential upside of 18.19% from the stock’s previous close.
Separately, TD Securities upped their price objective on shares of Valeant Pharmaceuticals Intl to C$26.00 and gave the company a “hold” rating in a report on Wednesday, July 12th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of C$22.50.
Valeant Pharmaceuticals Intl (TSE:VRX) opened at C$19.46 on Wednesday. Valeant Pharmaceuticals Intl has a fifty-two week low of C$11.20 and a fifty-two week high of C$25.38.
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In related news, Director Schutter Richard Urbain De acquired 4,900 shares of the company’s stock in a transaction dated Monday, August 21st. The shares were purchased at an average price of C$14.35 per share, for a total transaction of C$70,315.00.
About Valeant Pharmaceuticals Intl
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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