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CareRx Corp CHHHF


Primary Symbol: T.CRRX

Healthcare
CareRx Corporation is a Canada-based provider of pharmacy services to seniors living communities. The Company serves over 94,000 residents in over 1,500 senior and other congregate care communities, including long-term care homes, retirement homes, assisted living facilities, and group homes. It supports its home care partners by providing solutions for the supply of chronic medication. It offers a range of medication solutions. Its technology automates the preparation and verification of multi-dose compliance packaging of medication, providing the safety and adherence for individuals with complex medication regimes. Its network of pharmacy fulfillment centers delivers solutions for the supply of chronic medication and other specialty clinical pharmacy services. The Company provides services in rural and urban areas throughout Ontario, Alberta, British Columbia, and parts of Saskatchewan. It works with home operator partners to promote resident health, staff education and others.


TSX:CRRX - Post by User

CareRx Corp > Desjardins - cantechletter
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Comment by DanielDarden123on Mar 23, 2022 10:28am
157 Views
Post# 34537509

RE:Desjardins - cantechletter

RE:Desjardins - cantechletter
ZNewman notes the company is presently trading at 6.5x its 2023 adjusted EBITDA estimate, a discount compared to its peer group average of 11.4x.( Highlight from the previous post)
No wonder he has upped his target price! In that scenario, this doubles.
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