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RBC Capital Remains a Buy on Community Health (CYH)

Tipranks - Tipranks - Fri Jan 23, 8:17PM CST

In a report released yesterday, Ben Hendrix from RBC Capital maintained a Buy rating on Community Health, with a price target of $5.00.

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Hendrix covers the Healthcare sector, focusing on stocks such as CVS Health, Brookdale Senior Living, and Acadia Healthcare. According to TipRanks, Hendrix has an average return of 5.1% and a 55.04% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Community Health with a $3.68 average price target.

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Based on Community Health’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.09 billion and a net profit of $130 million. In comparison, last year the company earned a revenue of $3.09 billion and had a GAAP net loss of $391 million

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