Consort Medical (CSRT) Downgraded by N+1 Singer to “Hold”
Separately, Stifel Nicolaus reissued a buy rating and set a GBX 1,250 ($16.82) price objective on shares of Consort Medical in a report on Thursday, November 9th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of GBX 1,188.17 ($15.99).
Shares of Consort Medical (LON:CSRT) traded up GBX 7 ($0.09) during mid-day trading on Tuesday, reaching GBX 1,144 ($15.40). 14,101 shares of the company traded hands, compared to its average volume of 22,318. Consort Medical has a 12 month low of GBX 960 ($12.92) and a 12 month high of GBX 1,180 ($15.88).
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Consort Medical PLC is a contract development and manufacturing organization (CDMO). The Company’s principal activities include designing, development and manufacture of medical drug delivery devices and services for the pharmaceutical industry. The Company operates through two segments: Bespak and Aesica.
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