Echelon Wealth Partners Believes CloudMD Software & Services (DOCRF) Won’t Stop Here


Echelon Wealth Partners analyst Rob Goff maintained a Buy rating on CloudMD Software & Services (DOCRF) on September 1 and set a price target of C$1.70. The company’s shares closed last Friday at $1.26, close to its 52-week high of $1.45.

Goff has an average return of 91.6% when recommending CloudMD Software & Services.

According to TipRanks.com, Goff is ranked #487 out of 6841 analysts.

CloudMD Software & Services has an analyst consensus of Moderate Buy, with a price target consensus of $1.32, representing a 4.8% upside. In a report issued on August 31, Canaccord Genuity also maintained a Buy rating on the stock with a C$1.75 price target.

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The company has a one-year high of $1.45 and a one-year low of $0.20. Currently, CloudMD Software & Services has an average volume of 457.1K.

Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DOCRF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Premier Health Group Inc. is a Canadian company. It is focused on health care approaches that combine human skill-based expertise with emerging technologies. The firm along with its subsidiary offers SAAS based health technology solutions including a cloud-based Electronic Medical Records (EMR) software, medical billing software and an online patient portal, Premier Health Group is also developing proprietary technology to deliver quality healthcare through the combination of connected primary care clinics, telemedicine, and artificial intelligence (AI).

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