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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > As of Friday looks like RBC pegs the buyout around CAD 73.50
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Post by Stockcoach1 on Apr 25, 2016 2:01am

As of Friday looks like RBC pegs the buyout around CAD 73.50

Concordia Healthcare Corp (CXR) PT Lowered to C$73.50

by MITCH | 

Concordia Healthcare Corp (TSE:CXR) had its price target reduced by research analysts at RBC Capital from C$81.00 to C$73.50 in a report released on Friday, StockTargetPrices.com reports. The brokerage presently has an “outperform” rating on the stock. RBC Capital’s price target indicates a potential upside of 90.17% from the stock’s current price.

Concordia Healthcare Corp (TSE:CXR) traded up 2.35% during mid-day trading on Friday, hitting $39.56. The stock had a trading volume of 1,600,460 shares. The firm has a 50-day moving average of $36.54 and a 200-day moving average of $42.61. The stock has a market cap of $2.01 billion and a P/E ratio of 282.57. Concordia Healthcare Corp has a 52-week low of $28.61 and a 52-week high of $117.75.

 
Comment by sunshine7 on Apr 25, 2016 7:41am
a 12month price target is not a buy out target. EOM