HealthSouth Corporation (HLS) Receives Analyst Rating

HealthSouth Corporation (HLS) : 5 brokerage houses believe that HealthSouth Corporation (HLS) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on HealthSouth Corporation (HLS). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 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 9 Wall Street Analysts endorse the stock as a Buy with a rating of 2.11.

HealthSouth Corporation (HLS) : The highest short term price target forecast on HealthSouth Corporation (HLS) is $54 and the lowest target price is $37. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $47.13 with a standard deviation of $5.62.


Also, SunTrust Robinson Humphrey maintains its view on HealthSouth Corporation (NYSE:HLS) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. SunTrust Robinson Humphrey raises the price target from $50 per share to $54 per share on HealthSouth Corporation. The rating by the firm was issued on August 1, 2016.

HealthSouth Corporation (NYSE:HLS): After opening at $40.19, the stock dipped to an intraday low of $40.12 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $40.46 and the buying power remained strong till the end. The stock closed at $40.41 for the day, a gain of 0.35% for the day session. The total traded volume was 505,048. The stocks close on the previous trading day was $40.27.

HealthSouth Corporation (HealthSouth) is an owner and operator of inpatient rehabilitation hospitals. The Companys inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses, which include physical and cognitive disabilities or injuries due to medical conditions, such as strokes, hip fractures, head injuries, spinal cord injuries and a variety of debilitating neurological conditions. HealthSouth operates in around 33 states across the United States and in Puerto Rico and serves patients through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. The Companys inpatient rehabilitation hospitals offer rehabilitative care across an array of diagnoses. As of December 31, 2014, the Company operated 107 inpatient rehabilitation hospitals. The Companys inpatient hospitals are concentrated in the eastern half of the United States and Texas.

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