Royal Bank of Canada restated their sector perform rating on shares of Valeant Pharmaceuticals Intl Inc (TSE:VRX) (NYSE:VRX) in a research report sent to investors on Monday morning, StockTargetPrices.com reports. They currently have a C$24.00 price target on the specialty pharmaceutical company’s stock.
Several other research firms also recently commented on VRX. Scotiabank restated a sector perform rating and issued a C$17.00 price target on shares of Valeant Pharmaceuticals Intl in a research note on Wednesday, January 11th. TD Securities restated a hold rating and issued a C$18.50 price target on shares of Valeant Pharmaceuticals Intl in a research note on Friday, February 17th. Finally, Morgan Stanley downgraded shares of Valeant Pharmaceuticals Intl from an overweight rating to an equal weight rating in a research note on Thursday, December 15th.
Valeant Pharmaceuticals Intl (TSE:VRX) opened at 14.49 on Monday. The firm has a 50 day moving average of $17.83 and a 200-day moving average of $23.24. The company’s market capitalization is $5.04 billion. Valeant Pharmaceuticals Intl has a 52 week low of $13.82 and a 52 week high of $50.18.
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In other news, Director Schutter Richard Urbain De acquired 10,000 shares of Valeant Pharmaceuticals Intl stock in a transaction on Wednesday, March 15th. The shares were purchased at an average cost of C$10.80 per share, for a total transaction of C$108,000.00.
Valeant Pharmaceuticals Intl Company Profile
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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