Brokerage Firm Rating Update on Premier (PINC)

Premier (PINC) has an average broker rating of 1.23, which is interpreted as a Strong Buy, as rated by 13 equity analysts. Nonetheless, 11 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 1 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 2, which is also a Buy.

Premier (PINC) : Currently there are 10 street experts covering Premier (PINC) stock. The most bullish and bearish price target for the stock is $45 and $29 respectively for the short term. The average price target of all the analysts comes to $39. The estimated standard deviation from the target is $4.08.


For the current week, the company shares have a recommendation consensus of Buy. Also, SunTrust Robinson Humphrey maintains its view on Premier (NASDAQ:PINC) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. SunTrust Robinson Humphrey lowers the price target from $40 per share to $38 per share on Premier . The rating by the firm was issued on August 29, 2016.

Premier (NASDAQ:PINC): The stock opened at $31.36 and touched an intraday high of $31.61 on Wednesday. During the day, the stock corrected to an intraday low of $31.16, however, the bulls stepped in and pushed the price higher to close in the green at $31.51 with a gain of 0.70% for the day. The total traded volume for the day was 410,251. The stock had closed at $31.29 in the previous trading session.

Premier, Inc. is a healthcare improvement company. The Company is uniting an alliance of approximately 3,600 United States hospitals and approximately 120,000 other providers to transform healthcare. The Company operates healthcare group purchasing organizations and also provides integrated data and analytics, supply chain solutions, advisory services, performance improvement collaborative and other services. The Company plays a role in the healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide.

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