Short Term Price Target on Select Medical Holdings Corporation (SEM)

Select Medical Holdings Corporation (NYSE:SEM) : 4 Wall Street analysts covering Select Medical Holdings Corporation (NYSE:SEM) believe that the average level the stock could reach for the short term is $13.63. The maximum price target given is $17 and the minimum target for short term is around $10, hence the standard deviation is calculated at $3.2.

Select Medical Holdings Corporation has lost 4.06% in the last five trading days and dropped 15.54% in the last 4 weeks. Select Medical Holdings Corporation has dropped 8.58% during the last 3-month period . Year-to-Date the stock performance stands at -8.73%.

Select Medical Holdings Corporation (NYSE:SEM) : 6 analysts are covering Select Medical Holdings Corporation (NYSE:SEM) and their average rating on the stock is 3, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Select Medical Holdings Corporation (NYSE:SEM) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Select Medical Holdings Corporation (NYSE:SEM): The stock opened at $11.09 on Thursday but the bulls could not build on the opening and the stock topped out at $11.11 for the day. The stock traded down to $10.56 during the day, due to lack of any buying support eventually closed down at $10.87 with a loss of -2.16% for the day. The stock had closed at $11.11 on the previous day. The total traded volume was 2,696,305 shares.

In an insider trading activity, Dalton James E Jr, director of Select Medical Holdings Corp, unloaded 12,000 shares at an average price of $12.37 on May 23, 2016. The total amount of the transaction was worth $148,440, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States based on number of facilities. The Company operates in two business segments: specialty hospital segment and outpatient rehabilitation segment. The Company specialty hospital segment consists of hospitals designed to serve the needs of long term stay acute care patients and hospitals designed to serve patients who require intensive inpatient medical rehabilitation care. The Company outpatient rehabilitation segment consists of clinics and contract therapy locations that provide physical, occupational and speech rehabilitation services. The Company also provides medical rehabilitation services on a contract basis at nursing homes, hospitals, assisted living and senior care centers, schools and worksites. As of December 31, 2014, the Company had operations in 41 states and the District of Columbia.

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