Peel Hunt Reconfirms a “Hold” Rating on ConvaTec Group Plc (LON:CTEC) and GBX 250.00 Target; TERRAX MINERALS (TRXXF) Shorts Lowered By 30.19%

February 1, 2018 - By Annabelle Johnson

TERRAX MINERALS (OTCMKTS:TRXXF) had a decrease of 30.19% in short interest. TRXXF’s SI was 11,100 shares in February as released by FINRA. Its down 30.19% from 15,900 shares previously. With 50,300 avg volume, 0 days are for TERRAX MINERALS (OTCMKTS:TRXXF)’s short sellers to cover TRXXF’s short positions. The stock decreased 5.00% or $0.0221 during the last trading session, reaching $0.4199. About shares traded. TerraX Minerals Inc. (OTCMKTS:TRXXF) has 0.00% since February 1, 2017 and is . It has underperformed by 16.70% the S&P500.

In analysts note issued to investors and clients on 1 February, ConvaTec Group Plc (LON:CTEC) stock had its “Hold” Rating kept by stock research analysts at Peel Hunt. They currently have a GBX 250.00 target price on company. Peel Hunt’s target indicates a potential upside of 23.09% from the company’s last stock price.

The stock increased 0.35% or GBX 0.7 during the last trading session, reaching GBX 202.9. About 429,290 shares traded. Convatec Group Plc (LON:CTEC) has 0.00% since February 1, 2017 and is . It has underperformed by 16.70% the S&P500.

ConvaTec Group Plc develops, manufactures, and markets medical products and technologies worldwide. The company has market cap of 3.91 billion GBP. 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. It currently has negative earnings. The firm also provides a portfolio of wound dressings that include antimicrobial and foam dressings to manage chronic wounds associated with ageing.