Brokerage Firm Rating Update on HealthSouth Corporation (HLS)

HealthSouth Corporation (HLS) : 9 analysts are covering HealthSouth Corporation (HLS) and their average rating on the stock is 2.11, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. HealthSouth Corporation (HLS) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

HealthSouth Corporation (HLS) : Average target price received by HealthSouth Corporation (HLS) is $47.13 with an expected standard deviation of $5.62. The most aggressive target on the stock is $54, whereas the most downbeat target is $37. 8 financial analysts are currently covering the stock.


For the current week, the company shares have a recommendation consensus of Buy. Also, SunTrust Robinson Humphrey maintains its rating on HealthSouth Corporation (NYSE:HLS). The global brokerage major raises the current price target from $50 per share to $54 per share. Analysts at the SunTrust Robinson Humphrey have a current rating of Buy on the shares. The rating by the firm was issued on August 1, 2016.

HealthSouth Corporation (NYSE:HLS): The stock opened at $40.68 and touched an intraday high of $41.22 on Wednesday. During the day, the stock corrected to an intraday low of $40.66, however, the bulls stepped in and pushed the price higher to close in the green at $41.21 with a gain of 0.98% for the day. The total traded volume for the day was 727,858. The stock had closed at $40.81 in the previous trading session.

HealthSouth Corporation (HealthSouth) is an owner and operator of inpatient rehabilitation hospitals. The Companys inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses, which include physical and cognitive disabilities or injuries due to medical conditions, such as strokes, hip fractures, head injuries, spinal cord injuries and a variety of debilitating neurological conditions. HealthSouth operates in around 33 states across the United States and in Puerto Rico and serves patients through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. The Companys inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses. As of December 31, 2014, the Company operated 107 inpatient rehabilitation hospitals. The Companys inpatient hospitals are concentrated in the eastern half of the United States and Texas.

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