LifePoint Health (LPNT) : 3 brokerage houses believe that LifePoint Health (LPNT) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 11 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on LifePoint Health (LPNT). Zacks Investment Research suggests a Hold with a rank of 3. 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 17 Wall Street Analysts endorse the stock as a Hold with a rating of 2.65.
LifePoint Health (LPNT) : The highest level LifePoint Health (LPNT) is projected to reach is $94 for the short term and the lowest estimate is at $55. The consolidated price target from 14 rating analysts who initiate coverage on the stock is $70.14 and the possibility the share price can swing is $11.39.
Company shares have received an average consensus rating of Hold for the current week LifePoint Health (NASDAQ:LPNT): The stock opened at $57.46 on Thursday but the bulls could not build on the opening and the stock topped out at $58.13 for the day. The stock traded down to $56.91 during the day, due to lack of any buying support eventually closed down at $57.57 with a loss of -0.38% for the day. The stock had closed at $57.79 on the previous day. The total traded volume was 590,439 shares.
In a related news, Maupin John E Jr D D S, director of Lifepoint Health, Inc., unloaded 3,800 shares at an average price of $67.32 on May 25, 2016. The total amount of the transaction was worth $255,816, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.