Canaccord Genuity increases MFC’s price target — 5 facts

Canaccord Genuity analysts increased their target price on Medical Facilities Corp. shares to $18, according to Wall Street Hints & News.

Advertisement

Here are five facts:

1. Canaccord Genuity has a “buy” rating on MFC shares.

2. On May 13, MFC shares fell 1.21 percent, hitting $17.09.

3. Nearly 98,320 shares traded hands on May 13, a 69.71 percent increase from the average.

4. Since Oct. 8, 2015, MDC shares have increased 8.85 percent.

5. The shares have outperformed the S&P500 by 7.21 percent.

More articles on surgery centers:
5 new joint venture ASCs — April/May 2016
MFC elects 7 board of director members — 5 things to know
Federal judge rules parts of ACA are ‘illegal’ — 8 highlights

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.