Valeant Pharmaceuticals International's (VRX) "Underperform" Rating Reaffirmed at Mizuho

Valeant Isn't Out Of The Woods Yet

Ct Mason holds 0.08% of its portfolio in Valeant Pharmaceuticals Intl Inc (NYSE:VRX) for 12,517 shares. The stock was purchased at an average price of C$13.90 per share, for a total transaction of C$278,000.00. Moreover, Nomura Holdings has 0.27% invested in Valeant Pharmaceuticals Intl Inc (NYSE:VRX).

Several hedge funds and other institutional investors have recently made changes to their positions in VRX. Cambridge Advisors Inc. increased its stake in Valeant Pharmaceuticals International by 0.6% in the first quarter. More interesting news about Valeant Pharmaceuticals Intl Inc (NYSE:VRX) were released by: Fool.com and their article: "Valeant Pharmaceuticals and Gilead Sciences both look dirt cheap, but only one ..." published on July 21, 2017 as well as Prnewswire.com's news article titled: "Valeant Pharmaceuticals Receives Complete Response Letter from the FDA for ..." with publication date: August 07, 2017. Partners Value Investments LP now owns 527,100 shares of the specialty pharmaceutical company's stock valued at $9,119,000 after buying an additional 138,000 shares during the period. Bank of Montreal Can now owns 6,330,670 shares of the specialty pharmaceutical company's stock valued at $109,521,000 after buying an additional 564,215 shares during the last quarter.

Cmt Asset Management Ltd decreased Gilead Sciences Inc (Call) stake by 78,400 shares to 119,000 valued at $8.52 million in 2016Q4. They presently have a $18.00 price target on the specialty pharmaceutical company's stock. Massachusetts-based Ct Mason has invested 0.08% in Valeant Pharmaceuticals Intl Inc (NYSE:VRX).

Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above. The 7 months bearish chart indicates high risk for the $3.13 million company. The firm's 50-day moving average price is $16.44 and its 200-day moving average price is $13.39.


Valeant Pharmaceuticals Intl (TSE:VRX) traded down 5.77% during mid-day trading on Wednesday, reaching $19.43. The specialty pharmaceutical company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.97 by $0.08. Valeant Pharmaceuticals International had a positive return on equity of 58.02% and a negative net margin of 14.96%. The company had revenue of $2.23 billion during the quarter, compared to the consensus estimate of $2.23 billion. Analysts expect next quarter's EPS to be $0.96 and the next full year EPS is anticipated to be $3.76. "The Bausch + Lomb/International segment and Salix business, which together represented 73 percent of our revenue in the quarter, delivered strong organic growth, and we are continuing to reduce debt and resolve legacy issues". Intact Investment Management Inc. boosted its stake in shares of Valeant Pharmaceuticals International by 3.2% in the second quarter. Strs Ohio has invested 0% in Valeant Pharmaceuticals Intl Inc (NYSE:VRX). "(NYSE:VRX)" was first reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this piece on another website, it was illegally stolen and republished in violation of United States & global copyright & trademark laws. Lumber Liquidators Holdings had 18 analyst reports since August 6, 2015 according to SRatingsIntel. Stifel Nicolaus reissued a "buy" rating and issued a $35.00 target price (down previously from $45.00) on shares of Valeant Pharmaceuticals International in a research note on Wednesday, May 17th. November 10 investment analysts at Morgan Stanley maintained a stock rating of "Neutral" and lowered the price target to $23.00 from $42.00. This company shares are -100% up from its target price of $0 and the current market capitalization stands at $5.54B. HC Wainwright set a $17.00 price objective on shares of Valeant Pharmaceuticals International and gave the stock a "hold" rating in a report on Wednesday. J P Morgan Chase & Co reiterated a hold rating on shares of Valeant Pharmaceuticals International in a research report on Tuesday, May 9th.

Among 5 analysts covering Hanover Insurance Group (NYSE:THG), 2 have Buy rating, 0 Sell and 3 Hold. Wells Fargo & Company's target price points to a potential downside of 36.03% from the company's current price. The stock has "Sector Outperform" rating by Scotia Capital on Tuesday, October 20.

Private Management Group Inc increased Valeant Pharmaceuticals Intl (VRX) stake by 91.02% reported in 2016Q4 SEC filing. The Firm is engaged in developing and marketing a range of branded, generic and branded generic pharmaceuticals, over-the-counter products, and medical devices (contact lenses, intraocular lenses, ophthalmic surgical equipment, and aesthetics devices).

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