Community Health Systems (CYH) : Zacks Investment Research ranks Community Health Systems (CYH) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 2 Sell recommendation. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 12 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 19 research analysts is 2.98, which indicates as a Hold.
Community Health Systems (CYH) : The highest short term price target forecast on Community Health Systems (CYH) is $26 and the lowest target price is $11. A total of 13 equity analysts are currently covering the company. The average price of all the analysts is $16.19 with a standard deviation of $3.87.
Company shares have received an average consensus rating of Hold for the current week Also, Credit Suisse initiates coverage on Community Health Systems (NYSE:CYH) The current rating of the shares is Neutral. Equity Analysts at the Firm announces the price target to $14 per share. The rating by the firm was issued on July 29, 2016.
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 $10.92 and $10.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.39, notching a gain of 1.56% for the day. The total traded volume was 15,240,387 . The stock had closed at $12.20 on the previous day.
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.