Royal Bank of Canada cuts Medical Facilities Corp. to ‘sector perform’ — 5 notes

Royal Bank of Canada reduced Medical Facilities Corp.’s rating from a “sector outperform” to a “sector perform” rating, according to Chaffey Breeze.

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Here are five notes:

1. The firm has a $19 price target on MFC shares.

2. TD Securities reissued its “buy” rating on the company’s shares on March 24.

3. On April 13, MFC shares fell 3.61 percent, hitting $17.10.

4. The company’s 50-day moving average is $18.45 and its 200-day moving average is $19.18.

5. MFC issued a monthly dividend of $0.0938 per share on April 17.

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