RBC Capital Keeps Their Buy Rating on Community Health (CYH)
In a report released yesterday, Ben Hendrix from RBC Capital maintained a Buy rating on Community Health, with a price target of $5.00. The company’s shares closed yesterday at $3.33.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Hendrix covers the Healthcare sector, focusing on stocks such as Brookdale Senior Living, CVS Health, and Tenet Healthcare. According to TipRanks, Hendrix has an average return of 6.4% and a 53.06% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Community Health with a $3.70 average price target, which is an 11.11% upside from current levels. In a report released on February 20, Oppenheimer also maintained a Buy rating on the stock with a $4.00 price target.
Based on Community Health’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.11 billion and a net profit of $110 million. In comparison, last year the company earned a revenue of $3.27 billion and had a GAAP net loss of $70 million
Read More on CYH:
Disclaimer & DisclosureReport an Issue
- Community Health Systems Earnings Call Shows Cautious Progress
- Community Health price target raised to $3.70 from $3.60 at UBS
- Community Health Advances Portfolio Streamlining and Debt Reduction
- Community Health reports Q4 EPS ex-items 0c, consensus (20c)
- Community Health sees FY26 EPS (60c)-0c, consensus (36c)
