Analyst Rating Update on HealthSouth Corporation (HLS)

HealthSouth Corporation (HLS) : 5 brokerage houses believe that HealthSouth Corporation (HLS) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on HealthSouth Corporation (HLS). Zacks Investment Research suggests a Buy with a rank of 2. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 9 Wall Street Analysts endorse the stock as a Buy with a rating of 2.11.

HealthSouth Corporation (HLS) : Currently there are 8 street experts covering HealthSouth Corporation (HLS) stock. The most bullish and bearish price target for the stock is $54 and $37 respectively for the short term. The average price target of all the analysts comes to $46.25. The estimated standard deviation from the target is $5.7.

For the current week, the company shares have a recommendation consensus of Buy.


HealthSouth Corporation (NYSE:HLS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $41.41 and $41.08 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $42.54. The buying momentum continued till the end and the stock did not give up its gains. It closed at $42.51, notching a gain of 2.19% for the day. The total traded volume was 819,599 . The stock had closed at $41.60 on the previous day.

HealthSouth Corporation (HealthSouth) is an owner and operator of inpatient rehabilitation hospitals. The Companys inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses, which include physical and cognitive disabilities or injuries due to medical conditions, such as strokes, hip fractures, head injuries, spinal cord injuries and a variety of debilitating neurological conditions. HealthSouth operates in around 33 states across the United States and in Puerto Rico and serves patients through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. The Companys inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses. As of December 31, 2014, the Company operated 107 inpatient rehabilitation hospitals. The Companys inpatient hospitals are concentrated in the eastern half of the United States and Texas.

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