eHealth (EHTH) Receives Price Target

eHealth (EHTH) : The highest level eHealth (EHTH) is projected to reach is $17 for the short term and the lowest estimate is at $12. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $14.75 and the possibility the share price can swing is $2.63.

eHealth (EHTH) : 6 analysts are covering eHealth (EHTH) and their average rating on the stock is 2, which is read as a Buy. 3 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 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


Also, Major Brokerage house, Craig-Hallum upgrades its ratings on eHealth (NASDAQ:EHTH). According to the latest information available, the shares are now rated Buy by the analysts at the agency. Previously, the analysts had a Hold rating on the shares. The rating by the firm was issued on August 5, 2016.

eHealth (NASDAQ:EHTH): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.21 and $11.08 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.33. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.32, notching a gain of 0.71% for the day. The total traded volume was 221,247 . The stock had closed at $11.24 on the previous day.

eHealth, Inc. offers an online source of health insurance for individuals, families and small businesses. The Company offers a private health insurance exchange where individuals, families and small businesses can compare health insurance products from various insurers and purchase and enroll in coverage online. It offers a range of individual, family and small business health plans underwritten by the health insurance companies through its Website addresses,,, and, and customer care centers. Its e-commerce technology delivers consumers health insurance applications electronically to health insurance carriers. The plans it offers preferred provider organization, health maintenance organization and indemnity plans, Medicare related health insurance plans, short-term medical insurance, student health insurance, and dental and vision insurance, among others.

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