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Peel Hunt covered ConvaTec Group Plc (LON:CTEC), lowering its target price to 250.00GBX today

ConvaTec Group Plc (LON:CTEC) had its price target lowered to 250.00GBX by Peel Hunt in a report released 10/17/2017. The new stock price target indicates a possible upside of 0.17% from the company's previous close.

On Monday October 16, 2017, Numis released a statement on ConvaTec Group Plc (LON:CTEC) increased the target price from 0.00GBX to 220.00GBX that suggested a downside of -0.07%.

Boasting a price of 214.50GBX, ConvaTec Group Plc (LON:CTEC) traded -22.66% lower on the day. The last stock close price is down -27.24% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same period. CTEC has recorded a 50-day moving average of 275.10GBX and a 200-day moving average of 296.88GBX. 12,212,040 shares of CTEC traded hands, up from an average trading volume of 5,352,740

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ConvaTec Group Plc (LON:CTEC)

ConvaTec Group Plc has with a one year low of 213.00GBX and a one year high of 349.10GBX and has a market capitalization of 0 GBX.

Brief Synopsis On ConvaTec Group Plc (LON:CTEC)

ConvaTec Group Plc is a medical product and technology company. The Company focuses on therapies for the management of chronic conditions, including products used for advanced chronic and acute wound care, ostomy care, continence and critical care and infusion devices used in the treatment of diabetes and other conditions. It operates across market franchises, such as Advanced Wound Care, which provides advanced wound dressings and skin care products; Ostomy Care, which provides devices, accessories and services for people with a stoma, resulting from colorectal cancer, inflammatory bowel disease, bladder cancer, obesity and other causes; Continence and Critical Care, which provides products for people with urinary continence issues related to spinal cord injuries, multiple sclerosis, spina bifida and other causes, and Infusion Devices, which provide disposable infusion sets. Its products include FlexiSeal Signal, FlexiSeal Fecal Collector and Intermittent Catheters.

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