AAC Holdings (AAC) Receives Price Target

AAC Holdings (AAC) : The highest short term price target forecast on AAC Holdings (AAC) is $29 and the lowest target price is $26. A total of 3 equity analysts are currently covering the company. The average price of all the analysts is $27.33 with a standard deviation of $1.53.

AAC Holdings (AAC) : 4 analysts are covering AAC Holdings (AAC) and their average rating on the stock is 1, which is read as a Strong Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels.


Also, In a research note released to the investors, Raymond James upgrades its rating on AAC Holdings (NYSE:AAC).The analysts at the brokerage house have a current rating of Strong Buy on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on August 15, 2016.

AAC Holdings (NYSE:AAC): The stock opened at $19.60 on Thursday but the bulls could not build on the opening and the stock topped out at $19.62 for the day. The stock traded down to $19.06 during the day, due to lack of any buying support eventually closed down at $19.26 with a loss of -1.53% for the day. The stock had closed at $19.56 on the previous day. The total traded volume was 178,381 shares.

AAC Holdings, Inc. is a provider of inpatient substance abuse treatment services for individuals with drug and alcohol addiction. The Company operates approximately seven residential substance abuse treatment facilities and one outpatient substance abuse treatment facility. Its substance abuse treatment facilities are located throughout the United States, focused on delivering clinical care and treatment solutions across its approximately 560 beds, which includes approximately 378 licensed detoxification beds. It has made investments in its treatment facilities. The Company provides care to adults and adolescents struggling with alcohol and/or drug abuse and dependence, as well as co-occurring mental health issues. The Company offers various treatment services, which include detoxification, residential treatment, partial hospitalization and intensive outpatient services.

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