Community Health Systems (CYH) : 18 analysts are covering Community Health Systems (CYH) and their average rating on the stock is 3.09, 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. A Zacks Investment Research rank of 5, which recommends a Strong Sell affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 2 more analyst has given the stock a Sell recommendation. A total of 14 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Community Health Systems (CYH) : 12 investment research analysts covering Community Health Systems (CYH) have an average price target of $14.1 for the near short term. The highest target price given by the Brokerage Firm to the stock is $21 and the lowest target is $11 for the short term. Analysts expect the variance to be within $2.73 of the average price.
Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm Mizuho Securities upgrades its rating on Community Health Systems (NYSE:CYH). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Underperform by the brokerage firm. The rating by the firm was issued on August 12, 2016.
Community Health Systems (NYSE:CYH): The stock opened at $10.89 and touched an intraday high of $11.45 on Wednesday. During the day, the stock corrected to an intraday low of $10.8849, however, the bulls stepped in and pushed the price higher to close in the green at $11.36 with a gain of 4.22% for the day. The total traded volume for the day was 6,270,930. The stock had closed at $10.9 in the previous trading session.
Community Health Systems, Inc. is a hospital company and an operator of acute care hospitals in communities across the United States. The Company provides healthcare services through the hospitals that it owns and operates in non-urban and selected urban markets throughout the United States. It operates in two operating segments: hospital operations and home care agencies operations. Its hospital operations include the Companys acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services. Its home care agencies operations provide in-home outpatient care. Services provided through its hospitals and affiliated businesses include general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation services. It provides a range of hospital healthcare services and other outpatient services to patients in the communities in which the Company is located.