Kindred Healthcare (NYSE:KND) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.75 by 8 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 5 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. Avondale Partners maintains its view on Kindred Healthcare (NYSE:KND) according to the research report released by the firm to its investors. The shares have now been rated Market Perform by the stock experts at the ratings house. Avondale Partners raises the price target from $14 per share to $17 per share on Kindred Healthcare . The rating by the firm was issued on May 5, 2016.
Kindred Healthcare (NYSE:KND): The stock price is expected to reach $ 14.92 in the short term. The number of analysts agreeing with this consensus is 6. The higher estimate for the short term price target is at $17 while the lower estimate is at $11. The standard deviation of the price stands at $2.33.
Kindred Healthcare (NYSE:KND) witnessed a decline in the market cap on Tuesday as its shares dropped 2.72% or 0.31 points. After the session commenced at $11.21, the stock reached the higher end at $11.37 while it hit a low of $10.912. With the volume soaring to 998,573 shares, the last trade was called at $11.08. The company has a 52-week high of $23.36. The company has a market cap of $944 million and there are 85,158,706 shares in outstanding. The 52-week low of the share price is $7.955.
Kindred Healthcare Inc. has lost 0.89% in the last five trading days and dropped 4.48% in the last 4 weeks. Kindred Healthcare Inc. has dropped 8.34% during the last 3-month period . Year-to-Date the stock performance stands at -5.09%.
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.