Analyst Rating Update on Envision Healthcare Holdings (EVHC)

Envision Healthcare Holdings (EVHC) : 9 brokerage houses believe that Envision Healthcare Holdings (EVHC) is a Strong Buy at current levels. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Envision Healthcare Holdings (EVHC). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 12 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.

Envision Healthcare Holdings (EVHC) : 9 investment research analysts covering Envision Healthcare Holdings (EVHC) have an average price target of $32.44 for the near short term. The highest target price given by the Brokerage Firm to the stock is $37 and the lowest target is $27 for the short term. Analysts expect the variance to be within $3.17 of the average price.

For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Oppenheimer downgrades the rating on Envision Healthcare Holdings (NYSE:EVHC). The brokerage firm has issued a Perform rating on the shares. The shares were previously rated Outperform. The rating by the firm was issued on June 17, 2016.


Envision Healthcare Holdings (NYSE:EVHC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $23.28 and $22.47 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.65, notching a gain of 0.47% for the day. The total traded volume was 5,824,131 . The stock had closed at $23.54 on the previous day.

Envision Healthcare Holdings, Inc. is a holding company. The Company provides physician-led, outsourced medical services in the United States. The Company operates in two segments: EmCare Holdings, Inc. (EmCare) in the facility-based and post-acute care physician service business and American Medical Response, Inc. (AMR) in the healthcare transportation service business. EmCare provides integrated facility-based physician services for emergency departments, anesthesiology, hospitalist or inpatient, radiology, teleradiology and surgery programs. EmCare also offers physician-led care management solutions outside the hospital. AMR provides a range of healthcare transportation services from basic patient transit to the emergency care and pre-hospital assistance. In addition, AMR operates emergency (911) call and response service. It offers contracted medical staffing, and provides telephone triage, transportation dispatch and demand management services. It brands include EmCare and AMR.

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