Stifel Nicolaus Has Lowered Expectations for Quipt Home Medical (TSE:QIPT) Stock Price

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

Quipt Home Medical Trading Up 3.8 %

Shares of TSE:QIPT opened at C$3.56 on Thursday. Quipt Home Medical has a 12-month low of C$3.28 and a 12-month high of C$6.98. The company has a market cap of C$153.40 million, a PE ratio of -20.88 and a beta of 1.01. The stock has a 50 day moving average of C$3.72 and a 200 day moving average of C$4.14.

About Quipt Home Medical

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.