Short Term Price Target on Community Health Systems (CYH)

Community Health Systems (NYSE:CYH) : Average target price received by Community Health Systems (NYSE: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, Inc. has lost 13.25% in the last five trading days and dropped 13.56% in the last 4 weeks. Community Health Systems, Inc. has dropped 21.9% during the last 3-month period . Year-to-Date the stock performance stands at -45.04%. Also, Equity analysts at the Brokerage firm Ladenburg Thalmann upgrades its rating on Community Health Systems (NYSE:CYH). The rating major has initiated the coverage with underperform rating on the shares. Earlier, the shares were rated a Not Rated by the brokerage firm. The rating by the firm was issued on June 13, 2016.

Community Health Systems (NYSE:CYH) : The consensus on Community Health Systems (NYSE:CYH) based on 19 analyst recommendation on the company stock is 2.98, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 12 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 2 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Community Health Systems (NYSE:CYH).

Community Health Systems (NYSE:CYH): The stock opened at $12.51 on Thursday but the bulls could not build on the opening and the stock topped out at $12.62 for the day. The stock traded down to $11.70 during the day, due to lack of any buying support eventually closed down at $12.05 with a loss of -3.29% for the day. The stock had closed at $12.46 on the previous day. The total traded volume was 7,356,554 shares.

In an insider trading activity, Watson H Mitchell Jr, director of Community Health Systems Inc, unloaded 5,600 shares at an average price of $13.42 on June 13, 2016. The total amount of the transaction was worth $75,152, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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.

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