Analyst Price Target Update on Select Medical Holdings Corporation (NYSE:SEM)

Select Medical Holdings Corporation (NYSE:SEM): The stock price is expected to reach $ 13.63 in the short term. The number of analysts agreeing with this consensus is 4. The higher estimate for the short term price target is at $17 while the lower estimate is at $10. The standard deviation of the price stands at $3.2.

Company shares have received an average consensus rating of Hold for the current week

On the companys insider trading activities, The director, of Select Medical Holdings Corp, Dalton James E Jr had unloaded 12,000 shares at $12.37 per share in a transaction on May 23, 2016. The total value of transaction was $148,440. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Select Medical Holdings Corporation (NYSE:SEM) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.25 points or 2.13% at $11.51 with 1,047,790 shares getting traded. Post opening the session at $11.68, the shares hit an intraday low of $11.51 and an intraday high of $11.879 and the price was in this range throughout the day. The company has a market cap of $1,511 million and the number of outstanding shares have been calculated to be 131,250,374 shares. The 52-week high of Select Medical Holdings Corporation (NYSE:SEM) is $17.2 and the 52-week low is $7.33.

Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States based on number of facilities. The Company operates in two business segments: specialty hospital segment and outpatient rehabilitation segment. The Company specialty hospital segment consists of hospitals designed to serve the needs of long term stay acute care patients and hospitals designed to serve patients who require intensive inpatient medical rehabilitation care. The Company outpatient rehabilitation segment consists of clinics and contract therapy locations that provide physical, occupational and speech rehabilitation services. The Company also provides medical rehabilitation services on a contract basis at nursing homes, hospitals, assisted living and senior care centers, schools and worksites. As of December 31, 2014, the Company had operations in 41 states and the District of Columbia.

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