CRH Medical Corporation (NASDAQ:CRHM) Given $4.93 Consensus Price Target by Analysts

CRH Medical Corporation (NASDAQ:CRHM) has been assigned a consensus broker rating score of 1.20 (Strong Buy) from the five analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a buy recommendation and four have assigned a strong buy recommendation to the company. CRH Medical’s rating score has improved by 9.8% from 90 days ago as a result of a number of analysts’ upgrades and downgrades.

Brokers have set a twelve-month consensus price objective of $4.93 for the company, according to Zacks. Zacks has also given CRH Medical an industry rank of 76 out of 256 based on the ratings given to its competitors.

Separately, Bloom Burton upgraded CRH Medical from an “accumulate” rating to a “buy” rating in a research note on Thursday, August 1st.

NASDAQ:CRHM traded up $0.01 during trading hours on Friday, hitting $2.90. 1,300 shares of the company traded hands, compared to its average volume of 66,999. The business’s 50-day simple moving average is $2.85. CRH Medical has a one year low of $2.51 and a one year high of $4.50.

About CRH Medical

CRH Medical Corporation provides various products and services to gastroenterologists for the treatment of gastrointestinal diseases in the United States, Canada, and internationally. It offers CRH O'Regan system, a single use, disposable, and hemorrhoid banding technology for treating various grades of hemorrhoid.

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