Insider Buying: Valeant Pharmaceuticals International, Inc. (VRX) Director Buys 10,000 Shares of Stock

Valeant Pharmaceuticals International, Inc. (TSE:VRX) (NYSE:VRX) Director Schutter Richard Urbain De bought 10,000 shares of the stock in a transaction that occurred on Friday, November 17th. The shares were purchased at an average price of C$14.33 per share, for a total transaction of C$143,300.00.

Valeant Pharmaceuticals International, Inc. (TSE VRX) opened at C$22.68 on Friday. Valeant Pharmaceuticals International, Inc. has a fifty-two week low of C$11.20 and a fifty-two week high of C$23.75.

VRX has been the topic of several research analyst reports. Royal Bank Of Canada decreased their price target on shares of Valeant Pharmaceuticals International to C$22.50 and set a “sector perform” rating on the stock in a research note on Friday, October 20th. TD Securities upgraded shares of Valeant Pharmaceuticals International from a “hold” rating to a “buy” rating and set a C$25.50 price target on the stock in a research note on Wednesday, November 8th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of C$22.50.

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Valeant Pharmaceuticals International Company Profile

Valeant Pharmaceuticals International, Inc is a pharmaceutical and medical device company. The Company is engaged in developing and marketing a range of branded, generic and branded generic pharmaceuticals, over-the-counter (OTC) products, and medical devices (contact lenses, intraocular lenses, ophthalmic surgical equipment, and aesthetics devices).

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