Analyst Rating Update on Kindred Healthcare (KND)

Kindred Healthcare (KND) : 8 analysts are covering Kindred Healthcare (KND) and their average rating on the stock is 2.75, which is read as a Hold. 1 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. Kindred Healthcare (KND) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. 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. 1 more analyst has given the stock a Sell recommendation. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Kindred Healthcare (KND) stock is expected to deviate a maximum of $2.81 from the average target price of $14.5 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $17 and the most muted being $11.

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


Kindred Healthcare (NYSE:KND): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.05 and $10.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.37. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.36, notching a gain of 1.97% for the day. The total traded volume was 967,212 . The stock had closed at $11.14 on the previous day.

Kindred Healthcare, Inc. is a healthcare services company that through its subsidiaries operates transitional care (TC) hospitals, inpatient rehabilitation hospitals (IRFs), nursing centers, assisted living facilities, a contract rehabilitation services business and a home health and hospice business across the United States. The Company operates through five segments: hospitals, nursing centers, skilled nursing rehabilitation services (SRS), hospital rehabilitation services (HRS) and home health and hospice services. The Companys hospital division provides long-term acute care services to medically complex patients. The Companys nursing center division operates through 90 nursing centers and seven assisted living facilities in 18 states. Its rehabilitation division provided rehabilitation services primarily in hospitals and long-term care settings. Its care management division primarily provided home health, hospice and private duty services from 143 locations in 13 states.

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