Valeant Pharmaceuticals International, Inc. (TSE:VRX) (NYSE:VRX) – Equities research analysts at Cantor Fitzgerald lowered their FY2018 earnings per share (EPS) estimates for shares of Valeant Pharmaceuticals International in a research note issued to investors on Monday, Zacks Investment Research reports. Cantor Fitzgerald analyst L. Chen now anticipates that the specialty pharmaceutical company will post earnings per share of $3.77 for the year, down from their prior forecast of $4.44.
A number of other equities analysts have also recently commented on VRX. Royal Bank of Canada reissued a “sector perform” rating and issued a C$23.00 price target on shares of Valeant Pharmaceuticals International in a research note on Wednesday, November 8th. TD Securities upgraded shares of Valeant Pharmaceuticals International from a “hold” rating to a “buy” rating and set a C$25.50 price objective for the company in a report on Wednesday, November 8th.
In other Valeant Pharmaceuticals International news, Director Schutter Richard Urbain De acquired 10,000 shares of the stock in a transaction dated Friday, November 17th. The stock was purchased at an average cost of C$14.33 per share, for a total transaction of C$143,300.00.
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About Valeant Pharmaceuticals International
Valeant Pharmaceuticals International, Inc is a pharmaceutical and medical device company. The Company is engaged in developing and marketing a range of branded, generic and branded generic pharmaceuticals, over-the-counter (OTC) products, and medical devices (contact lenses, intraocular lenses, ophthalmic surgical equipment, and aesthetics devices).
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