Kindred Healthcare (KND) : 1 brokerage houses believe that Kindred Healthcare (KND) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Kindred Healthcare (KND). Zacks Investment Research suggests a Sell with a rank of 4. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 9 Wall Street Analysts endorse the stock as a Hold with a rating of 2.78.
Kindred Healthcare (KND) : The consensus price target for Kindred Healthcare (KND) is $14.5 for the short term with a standard deviation of $2.81. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $17, however, the pessimist price target for the company is $11.
Company shares have received an average consensus rating of Hold for the current week Kindred Healthcare (NYSE:KND): The stock opened at $11.34 on Thursday but the bulls could not build on the opening and the stock topped out at $11.44 for the day. The stock traded down to $10.93 during the day, due to lack of any buying support eventually closed down at $11.04 with a loss of -2.21% for the day. The stock had closed at $11.29 on the previous day. The total traded volume was 779,314 shares.
In a related news, The Officer (Svp & Chief Accounting Officer), of KINDRED HEALTHCARE, INC, Lucchese John Joseph had unloaded 4,341 shares at $11.39 per share in a transaction on June 29, 2016. The total value of transaction was $49,444. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
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.