Kindred Healthcare (KND) : The highest short term price target forecast on Kindred Healthcare (KND) is $17 and the lowest target price is $11. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $14.08 with a standard deviation of $2.91.
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. 5 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 8 Wall Street Analysts endorse the stock as a Hold with a rating of 2.75.
Also, Equity Analysts at the UBS maintains the rating on Kindred Healthcare (NYSE:KND). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency lowers the price target from $14 per share to $12.5 per share. The rating by the firm was issued on August 9, 2016.
Kindred Healthcare (NYSE:KND): The stock opened at $10.98 on Thursday but the bulls could not build on the opening and the stock topped out at $11.03 for the day. The stock traded down to $10.39 during the day, due to lack of any buying support eventually closed down at $10.47 with a loss of -5.16% for the day. The stock had closed at $11.04 on the previous day. The total traded volume was 682,208 shares.
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.