Medical Facilities (DR) Price Target Raised to C$13.50 at Canaccord Genuity

Medical Facilities (TSE:DR) had its price target boosted by Canaccord Genuity from C$12.50 to C$13.50 in a report released on Monday.

Several other research analysts have also recently issued reports on DR. Royal Bank of Canada dropped their target price on Medical Facilities from C$15.00 to C$14.00 and set a sector perform rating on the stock in a research report on Tuesday, October 31st. National Bank Financial dropped their target price on Medical Facilities from C$15.00 to C$13.50 and set a sector perform rating on the stock in a research report on Friday, November 10th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of C$15.15.

Shares of Medical Facilities (TSE DR) opened at C$14.30 on Monday. Medical Facilities has a 12-month low of C$11.14 and a 12-month high of C$19.90. The company has a market capitalization of $442.59, a price-to-earnings ratio of 14.59 and a beta of 0.20.

Medical Facilities (TSE:DR) last released its quarterly earnings data on Thursday, November 9th. The company reported C($0.14) EPS for the quarter. Medical Facilities had a net margin of 2.43% and a negative return on equity of 9.96%.

The company also recently announced a monthly dividend, which was paid on Monday, January 15th. Shareholders of record on Monday, January 15th were given a $0.0938 dividend. The ex-dividend date was Thursday, December 28th. This represents a $1.13 annualized dividend and a yield of 7.87%. Medical Facilities’s payout ratio is 87.49%.

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About Medical Facilities

Medical Facilities Corporation is a Canada-based company, which owns interests in over six entities (the Centers), approximately five of which either own a specialty surgical hospital (SSH) or an ambulatory surgery center (ASC). The Company’s Centers offer facilities, such as staff, surgical materials and supplies, and other support necessary for scheduled surgical, pain management, imaging and diagnostic procedures.

Analyst Recommendations for Medical Facilities (TSE:DR)

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