Team Health Holdings (TMH) : 8 brokerage houses believe that Team Health Holdings (TMH) is a Strong Buy at current levels. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Team Health Holdings (TMH). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 11 Wall Street Analysts endorse the stock as a Buy with a rating of 1.55.
Team Health Holdings (TMH) : 10 Wall Street analysts covering Team Health Holdings (TMH) believe that the average level the stock could reach for the short term is $44. The maximum price target given is $50 and the minimum target for short term is around $38, hence the standard deviation is calculated at $3.59.
Also, Jefferies upgrades their rating on the shares of Team Health Holdings (NYSE:TMH). The current rating of the shares is Buy. Earlier, the shares were rated a Hold by the brokerage firm. The rating by the firm was issued on August 11, 2016.
Team Health Holdings (NYSE:TMH): After opening at $32.36, the stock dipped to an intraday low of $31.97 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $32.91 and the buying power remained strong till the end. The stock closed at $32.86 for the day, a gain of 1.39% for the day session. The total traded volume was 488,367. The stocks close on the previous trading day was $32.41.
Team Health Holdings, Inc. (TeamHealth) is a provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. The Company provides services through two operating segments: Healthcare Staffing and Other Services. The Healthcare Staffing segment is an aggregation of emergency medicine, anesthesia, specialty surgery and locums staffing. The Company provides healthcare service programs to users and providers of healthcare services on a fee for service, as well as a cost plus or contract basis. The Other Services segment is an aggregation of hospital medicine, military and Government healthcare staffing, scribes, clinical services, nurse call center operations. The Companys Other Services segment also offers billing, collection and consulting services, which provide a range of other healthcare services. The Company provides outsourced services to hospital emergency departments (EDs).