CONVATEC GRP PL/ADR (OTCMKTS:CNVVY) Downgraded by Royal Bank of Canada

CONVATEC GRP PL/ADR (OTCMKTS:CNVVY) was downgraded by research analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a research report issued to clients and investors on Monday, The Fly reports.

Separately, Sanford C. Bernstein initiated coverage on shares of CONVATEC GRP PL/ADR in a research report on Tuesday, November 12th. They issued an “underperform” rating on the stock.

Shares of CNVVY opened at $10.15 on Monday. CONVATEC GRP PL/ADR has a twelve month low of $6.03 and a twelve month high of $10.78. The firm has a fifty day simple moving average of $9.78 and a two-hundred day simple moving average of $8.44.

About CONVATEC GRP PL/ADR

ConvaTec Group Plc develops, manufactures, and markets medical products and technologies worldwide. It offers advanced wound dressings and skin care products for the management of chronic wounds resulting from various conditions, such as diabetes, immobility, and venous disease, as well as for traumatic injury, burns, invasive surgery, and other causes.

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