Canaccord Genuity increases MFC's price target — 5 facts

Canaccord Genuity analysts increased their target price on Medical Facilities Corp. shares to $18, according to Wall Street Hints & News.

Here are five facts:

1. Canaccord Genuity has a "buy" rating on MFC shares.

2. On May 13, MFC shares fell 1.21 percent, hitting $17.09.

3. Nearly 98,320 shares traded hands on May 13, a 69.71 percent increase from the average.

4. Since Oct. 8, 2015, MDC shares have increased 8.85 percent.

5. The shares have outperformed the S&P500 by 7.21 percent.

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