CRH Medical Corp (CRH) Price Target Raised to C$10.00

CRH Medical Corp (TSE:CRH) had its price objective lifted by analysts at Royal Bank Of Canada from C$8.50 to C$10.00 in a research report issued to clients and investors on Monday. The firm currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 114.13% from the stock’s previous close.

CRH has been the topic of a number of other research reports. Scotiabank reduced their price target on CRH Medical Corp from C$10.25 to C$9.75 and set an “outperform” rating on the stock in a research report on Tuesday, April 25th. TD Securities reaffirmed a “buy” rating and issued a C$12.00 target price on shares of CRH Medical Corp in a report on Friday, April 28th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of C$8.75.

CRH Medical Corp (TSE CRH) traded down 3.85% during trading on Monday, hitting $4.49. The company had a trading volume of 558,159 shares. The company has a market capitalization of $331.90 million and a price-to-earnings ratio of 36.80. CRH Medical Corp has a one year low of $4.46 and a one year high of $12.35. The stock has a 50-day moving average of $7.75 and a 200 day moving average of $8.77.

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In related news, Director David Johnson sold 30,000 shares of the firm’s stock in a transaction on Wednesday, June 28th. The stock was sold at an average price of C$5.67, for a total transaction of C$170,100.00.

CRH Medical Corp Company Profile

CRH Medical Corporation is a Canada-based healthcare products and services company. The Company focused on providing physicians with services and products for the treatment of gastrointestinal diseases. The Company also provides anesthesiology services to gastroenterologists in the United States through its subsidiaries.

Analyst Recommendations for CRH Medical Corp (TSE:CRH)

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