Impact of Brokerage Rating on Community Health Systems, Inc.(CYH)

Many Community Health Systems, Inc.(CYH) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Community Health Systems was Initiated by Piper Jaffray to Neutral on Jan 4, 2017.

Company has reported several Insider transactions to the SEC, on Jun 14, 2016, H Mitchell Jr Watson (director) sold 5,600 shares at 13.42 per share price.On Feb 19, 2016, James S. Iii Ely (director) purchased 10,000 shares at 14.69 per share price.On Nov 5, 2015, John A Clerico (director) purchased 10,000 shares at 27.62 per share price.

Community Health Systems Last issued its quarterly earnings results on Nov 1, 2016. The company reported $-0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $-0.36. The company had revenue of $4380.00 million for the quarter, compared to analysts expectations of $4375.08 million. The companys revenue was down -9.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.56 EPS.

Community Health Systems, Inc. (NYSE:CYH) 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 3.17 by 18 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 12 Brokerage Firms have advised hold. 3 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

Community Health Systems, Inc. (NYSE:CYH) should head towards $8.14 per share according to 14 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $3 per share. The higher price estimate target is at $18 according to the Analysts.

Community Health Systems, Inc. (NYSE:CYH) rose 2.16% or 0.14 points on Tuesday and made its way into the gainers of the day. After trading began at $6.47 the stock was seen hitting $6.66 as a peak level and $6.42 as the lowest level. The stock ended up at $6.62. The daily volume was measured at 2,104,835 shares. The 52-week high of the share price is $17.598156 and the 52-week low is $4.15. The company has a market cap of $753 million.

Community Health Systems, Inc. is a leading provider of non-urban acute healthcare services. Their facilities, together with their medical staffs, provide a wide range of inpatient and outpatient acute care services and a variety of specialty services.

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For any feedback and suggestions contact author at Elaine.Green@thefoundersdaily.com

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