Royal Bank of Canada Lowers Medical Facilities (TSE:DR) Price Target to C$10.00

Medical Facilities (TSE:DRGet Rating) had its target price lowered by Royal Bank of Canada from C$11.00 to C$10.00 in a report issued on Friday, BayStreet.CA reports. The firm presently has a “sector perform” rating on the stock. Royal Bank of Canada’s price target suggests a potential upside of 20.63% from the stock’s current price.

Separately, National Bankshares set a C$11.00 price target on Medical Facilities and gave the stock a “sector perform” rating in a research report on Thursday, September 15th.

Medical Facilities Stock Down 9.7 %

DR opened at C$8.29 on Friday. Medical Facilities has a fifty-two week low of C$7.54 and a fifty-two week high of C$12.25. The company has a debt-to-equity ratio of 74.35, a quick ratio of 1.63 and a current ratio of 1.92. The company has a market capitalization of C$218.54 million and a P/E ratio of 13.16. The stock has a fifty day moving average of C$10.52 and a 200-day moving average of C$9.66.

Medical Facilities (TSE:DRGet Rating) last posted its earnings results on Thursday, August 11th. The company reported C$0.24 earnings per share for the quarter. The firm had revenue of C$130.86 million for the quarter, compared to analyst estimates of C$136.03 million. On average, equities analysts expect that Medical Facilities will post 1.1399999 EPS for the current year.

About Medical Facilities

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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 provide surgical, imaging, diagnostic, and other pain management procedures; and other ancillary services, such as urgent care and occupational health.

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