Analyst Rating Update on Molina Healthcare Inc (MOH)

Molina Healthcare Inc (NYSE:MOH) : 13 analysts are covering Molina Healthcare Inc (NYSE:MOH) and their average rating on the stock is 2.31, which is read as a Buy. 5 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. 1 more analyst has given the stock a Sell recommendation. A total of 7 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Molina Healthcare Inc (NYSE:MOH) : Currently there are 11 street experts covering Molina Healthcare Inc (NYSE:MOH) stock. The most bullish and bearish price target for the stock is $75 and $50 respectively for the short term. The average price target of all the analysts comes to $62.09. The estimated standard deviation from the target is $8.48.

Company shares have received an average consensus rating of Hold for the current week

Molina Healthcare Inc (NYSE:MOH): stock turned positive on Tuesday. Though the stock opened at $49.03, the bulls momentum made the stock top out at $49.88 level for the day. The stock recorded a low of $49.03 and closed the trading day at $49.74, in the green by 1.47%. The total traded volume for the day was 696,304. The stock had closed at $49.02 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Romney Ronna, director of Molina Healthcare Inc, had unloaded 250 shares at an average price of $62.8 in a transaction dated on April 11, 2016. The total value of the transaction was worth $15,700.

Molina Healthcare, Inc. provides health care to those receiving Government assistance. The Company offers Medicaid-related solutions for low-income families and individuals, and assists state agencies in their administration of the Medicaid program. The Company operates through two segments: Health Plans segment and Molina Medicaid Solutions segment. The Companys Health Plans segment consists of health plans in around 11 states, and includes its direct delivery business. The Companys direct delivery business consists primarily of the management of a hospital in southern California, and the operation of primary care clinics in several states in which the Company operates. The Companys Molina Medicaid Solutions segment provides business processing and information technology development, and administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, West Virginia, and the United States Virgin Islands, and drug rebate administration services in Florida.

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