ConvaTec Group (OTCMKTS:CNVVY) Price Target Lowered to GBX 290 at Barclays

ConvaTec Group (OTCMKTS:CNVVYGet Rating) had its price objective cut by Barclays from GBX 295 ($3.49) to GBX 290 ($3.43) in a research note issued to investors on Tuesday, The Fly reports.

A number of other equities analysts have also weighed in on CNVVY. Jefferies Financial Group assumed coverage on ConvaTec Group in a research report on Tuesday. They issued a buy rating for the company. Morgan Stanley boosted their target price on ConvaTec Group from GBX 227 ($2.68) to GBX 235 ($2.78) in a research report on Monday, November 14th. Credit Suisse Group upped their price target on shares of ConvaTec Group from GBX 225 ($2.66) to GBX 230 ($2.72) in a research report on Friday, November 11th. Liberum Capital began coverage on shares of ConvaTec Group in a research report on Friday, November 18th. They set a buy rating for the company. Finally, Peel Hunt lowered shares of ConvaTec Group to a buy rating in a research report on Monday, August 22nd. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of Moderate Buy and a consensus price target of $284.00.

ConvaTec Group Price Performance

Shares of OTCMKTS:CNVVY opened at $10.99 on Tuesday. ConvaTec Group has a fifty-two week low of $8.69 and a fifty-two week high of $12.01. The business has a 50-day simple moving average of $9.76 and a two-hundred day simple moving average of $10.41.

ConvaTec Group Company Profile

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ConvaTec Group Plc develops, manufactures, and markets medical products and technologies worldwide. It offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, immobility, and venous disease, as well as from traumatic injury, burns, invasive surgery, and other causes.

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Analyst Recommendations for ConvaTec Group (OTCMKTS:CNVVY)

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