Analyst Rating Update on Amsurg (AMSG)

Amsurg (AMSG) : Zacks Investment Research ranks Amsurg (AMSG) as 2, which is a Buy recommendation. 10 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 1.18, which indicates as a Strong Buy.

Amsurg (AMSG) : 10 investment research analysts covering Amsurg (AMSG) have an average price target of $95.7 for the near short term. The highest target price given by the Brokerage Firm to the stock is $104 and the lowest target is $87 for the short term. Analysts expect the variance to be within $4.74 of the average price.

For the current week, the company shares have a recommendation consensus of Buy. Also, Wells Fargo initiates coverage on Amsurg (NASDAQ:AMSG). According to the latest information available, the shares are now rated Market Perform by the analysts at the agency. The rating by the firm was issued on June 15, 2016.


Amsurg (NASDAQ:AMSG): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $71.40 and $68.70 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $72.56. The buying momentum continued till the end and the stock did not give up its gains. It closed at $72.31, notching a gain of 0.37% for the day. The total traded volume was 2,991,660 . The stock had closed at $72.04 on the previous day.

AmSurg Corp. is the owner and operator of ambulatory surgery centers (ASCs) in the United States. The Company is also a provider of outsourced physician services in the areas of anesthesiology, childrens services, emergency medicine and radiology. The Company operates in two segments: ambulatory surgery services and outsourced physician services. The ambulatory services segment, which acquires, develops and operates ambulatory surgery centers in partnership with physicians. The physician services segment, which provides outsourced physician services in multiple specialties to hospitals, ambulatory surgery centers and other healthcare facilities, primarily in the areas of anesthesiology, childrens services, emergency medicine and radiology. It operated approximately 246 ASCs in over 34 states and the District of Columbia in partnership with approximately 2,000 physicians, and provided physician services to over 320 healthcare facilities in 24 states.

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