Sonic Healthcare (OTCMKTS:SKHHY) Rating Lowered to Underperform at CLSA

Sonic Healthcare (OTCMKTS:SKHHY) was downgraded by analysts at CLSA from an “outperform” rating to an “underperform” rating in a research report issued on Thursday, The Fly reports.

Separately, Jefferies Financial Group raised shares of Sonic Healthcare from a “hold” rating to a “buy” rating and set a $45.75 price objective for the company in a research report on Monday, October 4th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, Sonic Healthcare currently has a consensus rating of “Hold” and an average price target of $45.75.

OTCMKTS:SKHHY opened at $29.27 on Thursday. The firm has a 50 day simple moving average of $31.09 and a 200-day simple moving average of $30.27. Sonic Healthcare has a 1-year low of $23.32 and a 1-year high of $34.30.

About Sonic Healthcare

Sonic Healthcare Ltd. engages in the provision of medical diagnostics services. It operates through the following segments: Laboratory, Imaging, and Other. The Laboratory segment offers pathology and clinical services in Australia, New Zealand, the United Kingdom, the United States of America, Germany, Switzerland, Belgium, and Ireland.

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