Analyst Downgrades – Medical Facilities Corp (TSE:DR) Stock Gets Downgraded By Royal Bank of Canada from Sector Outperform to Sector Perform

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Analyst Ratings For Medical Facilities Corp (TSE:DR)

Today, Medical Facilities Corp (TSE:DR) stock was downgraded by Royal Bank of Canada from Sector Outperform to Sector Perform with a price target of C$19.00.

There are 1 hold rating, 3 buy ratings on the stock.

The current consensus rating on Medical Facilities Corp (TSE:DR) is Buy (Score: 2.75) with a consensus target price of C$22.75 per share, a potential .

Some recent analyst ratings include

  • 4/13/2017-Royal Bank of Canada was Downgraded by analysts at Royal Bank of Canada from a “Sector Outperform ” rating to a ” Sector Perform” rating. They now have a C$19.00 price target on the stock, up previously from C$20.00 .
  • 4/5/2017-CIBC initiated coverage with a Outperform rating.
  • 3/24/2017-TD Securities Reiterated Rating of Buy.


    About Medical Facilities Corp (TSE:DR)
    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. The Centers focus on clinical specialties, such as orthopedic, neurosurgery, pain management and other non-emergency elective procedures. Its SSHs are located in South Dakota, Oklahoma and Arkansas, and ASC is located in California. ASCs are specialized surgical centers that provide outpatient procedures, and SSHs offer inpatient and outpatient surgeries. In addition, over three of the SSHs provide primary and urgent care to their communities. It has operations through its subsidiaries, including Medical Facilities America, Inc. and Medical Facilities (USA) Holdings, Inc.

    Recent Trading Activity for Medical Facilities Corp (TSE:DR)
    Shares of Medical Facilities Corp closed the previous trading session at 17.14 down -0.60 -3.38% with 112,357 shares trading hands.