Cipher Pharmaceuticals (TSE:CPH – Get Free Report) (NASDAQ:CPHR) had its price objective lifted by equities researchers at Stifel Nicolaus from C$17.00 to C$19.00 in a report issued on Thursday, BayStreet.CA reports. Stifel Nicolaus’ price objective would indicate a potential upside of 17.28% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the company. Stifel Canada upgraded Cipher Pharmaceuticals from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th. Leede Financial cut Cipher Pharmaceuticals from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 13th.
View Our Latest Research Report on CPH
Cipher Pharmaceuticals Stock Performance
Cipher Pharmaceuticals (TSE:CPH – Get Free Report) (NASDAQ:CPHR) last announced its quarterly earnings data on Thursday, August 8th. The company reported C$0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.15 by C$0.01. The firm had revenue of C$7.26 million for the quarter, compared to analysts’ expectations of C$7.52 million. Cipher Pharmaceuticals had a return on equity of 28.43% and a net margin of 102.01%. Analysts anticipate that Cipher Pharmaceuticals will post 1.6472868 earnings per share for the current year.
About Cipher Pharmaceuticals
Cipher Pharmaceuticals Inc operates as a specialty pharmaceutical company in Canada. It offers Epuris (isotretinoin), an oral retinoid indicated for the treatment of severe nodular and/or inflammatory acne, acne conglobate, and recalcitrant acne; Actikerall, a topical solution indicated for the treatment of slightly palpable and/or moderately thick hyperkeratotic actinic keratosis (Grade I/II) of the face, forehead, and balding scalp; Ozanex for the topical treatment of impetigo; Vaniqa, a topical cream for the slowing of the growth of unwanted facial hair in women; Durela, an opioid analgesic for the management of moderate to moderately severe pain in adults; Brinavess for the rapid conversion of onset atrial fibriallation to sinus rhythm in adults; and Aggrastat, a reversible GP IIb/IIIa inhibitor for use in patients with Acute Coronary Syndrome.
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