Community Health Systems (CYH) : 19 analysts are covering Community Health Systems (CYH) and their average rating on the stock is 2.98, which is read as a Hold. 3 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. A Zacks Investment Research rank of 5, which recommends a Strong Sell affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 2 more analyst has given the stock a Sell recommendation. A total of 12 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Community Health Systems (CYH) : Average target price received by Community Health Systems (CYH) is $16.35 with an expected standard deviation of $3.82. The most aggressive target on the stock is $26, whereas the most downbeat target is $11. 13 financial analysts are currently covering the stock.
Community Health Systems (NYSE:CYH): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.52 and $11.43 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.95, notching a gain of 2.22% for the day. The total traded volume was 5,453,508 . The stock had closed at $11.69 on the previous day.
Also, Equity Analysts at the Brokerage Firm, Ladenburg Thalmann, upgrades their rating on the shares of Community Health Systems (NYSE:CYH). Ladenburg Thalmann has a Underperform rating on the shares. Previously, the analysts had a Not Rated rating on the shares. The rating by the firm was issued on June 13, 2016. The company shares have dropped -76.90% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $52.64 and the one year low was seen on Feb 16, 2016. The 50-Day Moving Average price is $13.18 and the 200 Day Moving Average price is recorded at $15.36.
Community Health Systems, Inc. is a hospital company and an operator of acute care hospitals in communities across the United States. The Company provides healthcare services through the hospitals that it owns and operates in non-urban and selected urban markets throughout the United States. It operates in two operating segments: hospital operations and home care agencies operations. Its hospital operations include the Companys acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services. Its home care agencies operations provide in-home outpatient care. Services provided through its hospitals and affiliated businesses include general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation services. It provides a range of hospital healthcare services and other outpatient services to patients in the communities in which the Company is located.