CRH Medical Corp (TSE:CRH) had its price target hoisted by Royal Bank Of Canada from C$7.00 to C$8.50 in a report released on Monday, StockTargetPrices.com reports. The firm currently has an outperform rating on the stock.

Other research analysts have also issued reports about the stock. RBC Capital Markets set a C$6.50 price objective on shares of CRH Medical Corp and gave the company an outperform rating in a research note on Thursday, October 6th. Bloom Burton restated a buy rating on shares of CRH Medical Corp in a research note on Friday, October 28th. Finally, CIBC restated an outperform rating on shares of CRH Medical Corp in a research note on Tuesday, September 13th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of C$7.57.

Shares of CRH Medical Corp (TSE:CRH) opened at 7.40 on Monday. The firm has a market cap of $535.21 million and a P/E ratio of 75.51. The firm has a 50-day moving average of $6.78 and a 200-day moving average of $5.30. CRH Medical Corp has a 12-month low of $2.98 and a 12-month high of $8.48.

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