Tenet Healthcare Corporation (NYSE:THC) Analyst Rating Consensus

Tenet Healthcare Corporation (NYSE:THC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.83 by 18 Brokerage Firm. 10 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 7 Brokerage Firms have advised hold.

Other Equity analysts have also commented on the company shares. In a research note released to the investors, Ladenburg Thalmann upgrades its rating on Tenet Healthcare Corporation (NYSE:THC).The analysts at the brokerage house have a current rating of Underperform on the shares. Earlier, the shares were rated a Not Rated by the brokerage firm. The rating by the firm was issued on June 13, 2016.

Tenet Healthcare Corporation (NYSE:THC): The mean short term price target for Tenet Healthcare Corporation (NYSE:THC) has been established at $39.87 per share. The higher price target estimate is at $62 and the lower price target estimate is expected at $30 according to 15 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $7.75

Tenet Healthcare Corporation (NYSE:THC) witnessed a decline in the market cap on Tuesday as its shares dropped 0.33% or 0.09 points. After the session commenced at $27.69, the stock reached the higher end at $27.7838 while it hit a low of $26.97. With the volume soaring to 1,135,147 shares, the last trade was called at $27.56. The company has a 52-week high of $60.93. The company has a market cap of $2,737 million and there are 99,304,410 shares in outstanding. The 52-week low of the share price is $21.39.

Tenet Healthcare Corp. has lost 0.22% in the last five trading days and dropped 1.43% in the last 4 weeks. Tenet Healthcare Corp. has dropped 5.75% during the last 3-month period . Year-to-Date the stock performance stands at -9.04%.

Tenet Healthcare Corporation is a healthcare services company. The Company operates regionally focused, integrated healthcare delivery networks in large urban and suburban markets. As of December 31, 2014, it operated 80 hospitals, 210 outpatient centers, six health plans and Conifer Health Solutions, LLC (Conifer), which provides healthcare business process services in the areas of revenue cycle management, value-based care and patient communications. It provides operational management for revenue cycle functions, including patient access, health information management, revenue integrity and patient financial services. It also offers communications and engagement solutions to optimize the relationship between providers and patients. Conifer operates a management services business that supports value-based performance through clinical integration, financial risk management and population health management. It has two operating segments: Hospital Operations and other, and Conifer.

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