Brokerage Firm Rating on Allscripts Healthcare Solutions (MDRX)

Allscripts Healthcare Solutions (MDRX) has an average broker rating of 2.08, which is interpreted as a Buy, as rated by 19 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 10 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Allscripts Healthcare Solutions (MDRX) : Currently there are 11 street experts covering Allscripts Healthcare Solutions (MDRX) stock. The most bullish and bearish price target for the stock is $18 and $12 respectively for the short term. The average price target of all the analysts comes to $15.86. The estimated standard deviation from the target is $1.9.


For the current week, the company shares have a recommendation consensus of Buy. Allscripts Healthcare Solutions (NASDAQ:MDRX): The stock opened at $13.66 on Thursday but the bulls could not build on the opening and the stock topped out at $13.70 for the day. The stock traded down to $13.36 during the day, due to lack of any buying support eventually closed down at $13.43 with a loss of -1.61% for the day. The stock had closed at $13.65 on the previous day. The total traded volume was 2,129,175 shares.

In a related news,The officer (SVP of Operations) of Allscripts Healthcare Solutions, Inc., Olis Dennis sold 7,000 shares at $14 on July 11, 2016. The Insider selling transaction had a total value worth of $98,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Allscripts Healthcare Solutions, Inc. is engaged in engaged in delivering Information Technology (IT) and services. The Company sells its solutions to physicians, hospitals, governments, health systems, health plans, retail clinics, retail pharmacies, pharmacy benefit managers and post-acute organizations, such as home health and hospice agencies. The Company operates through three segments: Clinical and Financial Solutions, Population Health, and Managed Services. The Companys solutions enable healthcare professionals with the data, insights, and connectivity. The Company offers Ambulatory Solutions, Acute Care Solutions, Population Health Management Solutions and services. Ambulatory solutions include Allscripts TouchWorks HER and Allscripts Professional HER, among others. The Companys acute care offers clinical, access, financial, and departmental solutions. The Company designs its population health management solutions for hospitals, health systems, among others.

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