Community Health Systems (CYH) : The consensus on Community Health Systems (CYH) based on 18 analyst recommendation on the company stock is 2.98, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 13 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 2 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Community Health Systems (CYH).
Community Health Systems (CYH) : The highest level Community Health Systems (CYH) is projected to reach is $21 for the short term and the lowest estimate is at $10. The consolidated price target from 12 rating analysts who initiate coverage on the stock is $13.6 and the possibility the share price can swing is $2.9.
Also, Equity Analysts at the Brokerage Firm, Mizuho Securities, upgrades their rating on the shares of Community Health Systems (NYSE:CYH). Mizuho Securities has a Neutral rating on the shares. Previously, the analysts had a Underperform rating on the shares. The rating by the firm was issued on August 12, 2016.
Community Health Systems (NYSE:CYH): The stock opened in the green at $10.7 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $10.83 and a low of $10.42 for the day. The stock did not find buyers even at the lows and closed at $10.62 recording a loss of -0.93%. 3,774,386 shares exchanged hands during the trading day. The stock had closed at $10.72 in the previous days trading.
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.