Adeptus Health (ADPT) Receives Price Target

Adeptus Health (ADPT) : Currently there are 5 street experts covering Adeptus Health (ADPT) stock. The most bullish and bearish price target for the stock is $103 and $67 respectively for the short term. The average price target of all the analysts comes to $88.6. The estimated standard deviation from the target is $14.47.

Adeptus Health (ADPT) : The consensus on Adeptus Health (ADPT) based on 5 analyst recommendation on the company stock is 1.4, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.


Also, Brokerage firm Jefferies maintains its rating on Adeptus Health (NYSE:ADPT). As per the latest information, the brokerage house lowers the price target to $113 per share from a prior target of $125. The shares have been rated Buy. The rating by the firm was issued on July 11, 2016.

Adeptus Health (NYSE:ADPT): The stock opened at $42.53 on Thursday but the bulls could not build on the opening and the stock topped out at $42.63 for the day. The stock traded down to $41.84 during the day, due to lack of any buying support eventually closed down at $42.11 with a loss of -1.06% for the day. The stock had closed at $42.56 on the previous day. The total traded volume was 216,374 shares.

Adeptus Health Inc. is a holding company. The Company owns and operates First Choice Emergency Rooms, a network of independent freestanding emergency rooms in the United States. The Company provides emergency care through its freestanding emergency rooms. The Company provides patients with access to Board-certified physicians and emergency trained registered nurses and treatments on?site. The Companys facilities are equipped with radiology suite, including computerized tomography (CT) scanners, digital x-ray and ultrasound, as well as onsite laboratories. As of December 31, 2014, the Company had 55 facilities. The Companys facilities are located in the Houston, Dallas/Fort Worth, San Antonio and Austin, Texas markets; Colorado Springs and Denver, Colorado, and Phoenix, Arizona.

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