Brokerage Firm Rating Update on Kindred Healthcare (KND)

Kindred Healthcare (KND) : 8 analysts are covering Kindred Healthcare (KND) and their average rating on the stock is 2.75, 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. Kindred Healthcare (KND) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Kindred Healthcare (KND) : Average target price received by Kindred Healthcare (KND) is $14.08 with an expected standard deviation of $2.91. The most aggressive target on the stock is $17, whereas the most downbeat target is $11. 6 financial analysts are currently covering the stock.


Company shares have received an average consensus rating of Hold for the current week Also, In a research note released to the investors, UBS maintains its rating on Kindred Healthcare (NYSE:KND).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, UBS lowers the new price target from $14 per share to $12.5 per share. The rating by the firm was issued on August 9, 2016.

Kindred Healthcare (NYSE:KND): The stock opened at $10.56 and touched an intraday high of $10.85 on Wednesday. During the day, the stock corrected to an intraday low of $10.48, however, the bulls stepped in and pushed the price higher to close in the green at $10.66 with a gain of 1.14% for the day. The total traded volume for the day was 782,817. The stock had closed at $10.54 in the previous trading session.

Kindred Healthcare, Inc. is a healthcare services company that through its subsidiaries operates transitional care (TC) hospitals, inpatient rehabilitation hospitals (IRFs), nursing centers, assisted living facilities, a contract rehabilitation services business and a home health and hospice business across the United States. The Company operates through five segments: hospitals, nursing centers, skilled nursing rehabilitation services (SRS), hospital rehabilitation services (HRS) and home health and hospice services. The Companys hospital division provides long-term acute care services to medically complex patients. The Companys nursing center division operates through 90 nursing centers and seven assisted living facilities in 18 states. Its rehabilitation division provided rehabilitation services primarily in hospitals and long-term care settings. Its care management division primarily provided home health, hospice and private duty services from 143 locations in 13 states.

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