Concordia Healthcare Corp. T.CXR.R

RE:from Scotia target .30 usd

[SteadyHandsStan]

is the 30 cent price target in USD or CAD ?

CHECKMATE77 wrote:

Concordia International Corp. (CXRX-Q; US$1.79; SU)

Lowering Outlook Following Weak Q4

OUR TAKE: On the back of Concordia's ("CXRX") results last week, we have lowered our outlook, reduced our price target to $0.30, and maintain our Sector Underperform rating as we do not believe there are any near-/mid-term catalysts for the shares. In our opinion, the current risk is to the downside as operational headwinds are likely to remain into 2018, the U.K. government is expected to pass a bill in the coming months to limit generic pricing power, and the company faces potential fines from the U.K. CMA on two fronts.