LifePoint Health (LPNT) has an average broker rating of 2.65, which is interpreted as a Hold, as rated by 17 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 11 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
LifePoint Health (LPNT) stock is expected to deviate a maximum of $11.27 from the average target price of $72.29 for the short term period. 14 Street Experts have initiated coverage on the stock with the most promising target being $94 and the most muted being $55.
Company shares have received an average consensus rating of Hold for the current week
LifePoint Health (NASDAQ:LPNT): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $56.35 and $55.65 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $59.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $58.92, notching a gain of 3.48% for the day. The total traded volume was 944,327 . The stock had closed at $56.94 on the previous day.
LifePoint Health, Inc., formerly LifePoint Hospitals, Inc. provides healthcare services. Through its subsidiaries, the Company operates general acute care hospitals primarily in non-urban communities in the United States. Its hospitals provide a range of medical and surgical services in hospitals in non-urban markets. The Companys services include general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, rehabilitation services and pediatric services. In some of its hospitals, the Company offers services, such as open-heart surgery, skilled nursing, psychiatric care and neuro-surgery. LifePoint provides outpatient services, such as same-day surgery, laboratory, x-ray, respiratory therapy, imaging, sports medicine and lithotripsy. The Company operates approximately 67 hospital campuses in 21 states, having a total of approximately 8,254 licensed beds.