Quipt Home Medical (TSE:QIPT) Price Target Lowered to C$7.50 at Stifel Nicolaus

Quipt Home Medical (TSE:QIPT) had its target price reduced by Stifel Nicolaus from C$8.40 to C$7.50 in a report published on Thursday,BayStreet.CA reports. Stifel Nicolaus currently has a buy rating on the stock.

Quipt Home Medical Stock Performance

TSE QIPT opened at C$3.56 on Thursday. Quipt Home Medical has a 1 year low of C$3.28 and a 1 year high of C$6.98. The stock’s 50-day moving average price is C$3.72 and its two-hundred day moving average price is C$4.11. The company has a market cap of C$153.40 million, a PE ratio of -20.94 and a beta of 1.01.

Quipt Home Medical Company Profile

Quipt Home Medical Corp., through its subsidiaries, engages in the provision of durable and home medical equipment and supplies in the United States. The company offers nebulizers, oxygen concentrators, and CPAP and BiPAP units; traditional and non-traditional durable medical respiratory equipment and services; non-invasive ventilation equipment, supplies, and services; and engages in the rental of medical equipment.