CRH Medical Co. (TSE:CRH) shares traded up 7.7% on Wednesday . The stock traded as high as C$2.04 and last traded at C$1.92. 589,304 shares were traded during trading, an increase of 32% from the average session volume of 446,867 shares. The stock had previously closed at C$2.08.
Several research analysts recently weighed in on the company. Scotiabank decreased their target price on CRH Medical from C$7.00 to C$6.75 and set an “outperform” rating for the company in a research note on Thursday, August 3rd. Royal Bank Of Canada decreased their price target on CRH Medical from C$8.50 to C$6.00 and set an “outperform” rating for the company in a research report on Friday, July 21st. National Bank Financial decreased their price target on CRH Medical from C$7.00 to C$5.25 and set an “outperform” rating for the company in a research report on Friday, August 4th. TD Securities decreased their price target on CRH Medical from C$5.50 to C$4.00 and set a “hold” rating for the company in a research report on Monday, September 25th. Finally, Beacon Securities lowered CRH Medical from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of C$3.88.
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CRH Medical 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.
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