Medical Facilities (TSE:DR) Price Target Raised to C$16.50 at CIBC

Medical Facilities (TSE:DR) had its price target increased by stock analysts at CIBC from C$16.00 to C$16.50 in a note issued to investors on Monday, March 19th. CIBC’s price objective points to a potential upside of 22.22% from the stock’s previous close.

A number of other analysts have also recently weighed in on the stock. Canaccord Genuity raised their target price on shares of Medical Facilities from C$12.50 to C$13.50 in a report on Monday, January 15th. TD Securities reduced their target price on shares of Medical Facilities from C$19.00 to C$17.50 and set a “buy” rating for the company in a report on Friday, February 9th. National Bank Financial raised their price objective on shares of Medical Facilities from C$13.50 to C$14.25 in a research note on Monday, January 15th. Finally, Royal Bank of Canada raised their price objective on shares of Medical Facilities from C$13.00 to C$14.00 and gave the stock a “sector perform” rating in a research note on Thursday, March 15th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of C$14.85.

How to Become a New Pot Stock Millionaire

TSE DR opened at C$13.50 on Monday. Medical Facilities has a 12 month low of C$11.14 and a 12 month high of C$18.12.

TRADEMARK VIOLATION NOTICE: This story was first posted by The Lincolnian Online and is the property of of The Lincolnian Online. If you are reading this story on another website, it was illegally stolen and republished in violation of U.S. and international copyright & trademark legislation. The original version of this story can be viewed at https://www.thelincolnianonline.com/2018/04/11/medical-facilities-dr-pt-raised-to-c16-50.html.

About Medical Facilities

Medical Facilities Corporation, through its subsidiaries, owns and operates specialty surgical hospitals and an ambulatory surgery center in the United States. The company's specialty surgical hospitals perform scheduled surgical, imaging, diagnostic, and other procedures, including primary and urgent care; and ambulatory surgery center provides surgical specialties, including orthopedics, pain management, gynecology, gastroenterology, and cosmetic surgery.

Analyst Recommendations for Medical Facilities (TSE:DR)

Receive News & Ratings for Medical Facilities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Medical Facilities and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply