Brokerage Firm Rating on HealthSouth Corporation (HLS)

HealthSouth Corporation (HLS) : The consensus on HealthSouth Corporation (HLS) based on 9 analyst recommendation on the company stock is 2.11, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 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. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on HealthSouth Corporation (HLS).

HealthSouth Corporation (HLS) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $54 and the lowest price target forecast is $37. The average forecast of all the analysts is $47.13 and the expected standard deviation is $5.62.

HealthSouth

For the current week, the company shares have a recommendation consensus of Buy. HealthSouth Corporation (NYSE:HLS): The stock opened at $41.87 on Thursday but the bulls could not build on the opening and the stock topped out at $42.02 for the day. The stock traded down to $41.51 during the day, due to lack of any buying support eventually closed down at $41.64 with a loss of -0.43% for the day. The stock had closed at $41.82 on the previous day. The total traded volume was 299,331 shares.

In a related news, The officer (EVP and COO), of Healthsouth Corp, Tarr Mark J had unloaded 20,000 shares at $41.85 per share in a transaction on August 2, 2016. The total value of transaction was $837,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

HealthSouth Corporation (HealthSouth) is an owner and operator of inpatient rehabilitation hospitals. The Companys inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses, which include physical and cognitive disabilities or injuries due to medical conditions, such as strokes, hip fractures, head injuries, spinal cord injuries and a variety of debilitating neurological conditions. HealthSouth operates in around 33 states across the United States and in Puerto Rico and serves patients through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. The Companys inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses. As of December 31, 2014, the Company operated 107 inpatient rehabilitation hospitals. The Companys inpatient hospitals are concentrated in the eastern half of the United States and Texas.

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