Short Term Rating on Tenet Healthcare Corporation (THC)

Tenet Healthcare Corporation (THC) has an average broker rating of 1.83, which is interpreted as a Buy, as rated by 18 equity analysts. Nonetheless, 10 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Tenet Healthcare Corporation (THC) : 15 investment research analysts covering Tenet Healthcare Corporation (THC) have an average price target of $39.87 for the near short term. The highest target price given by the Brokerage Firm to the stock is $62 and the lowest target is $30 for the short term. Analysts expect the variance to be within $7.75 of the average price.

For the current week, the company shares have a recommendation consensus of Buy.


Tenet Healthcare Corporation (NYSE:THC): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.77 and $29.47 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.03. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.75, notching a gain of 1.36% for the day. The total traded volume was 1,084,185 . The stock had closed at $29.35 on the previous day.

Tenet Healthcare Corporation is a healthcare services company. The Company operates regionally focused, integrated healthcare delivery networks in large urban and suburban markets. As of December 31, 2014, it operated 80 hospitals, 210 outpatient centers, six health plans and Conifer Health Solutions, LLC (Conifer), which provides healthcare business process services in the areas of revenue cycle management, value-based care and patient communications. It provides operational management for revenue cycle functions, including patient access, health information management, revenue integrity and patient financial services. It also offers communications and engagement solutions to optimize the relationship between providers and patients. Conifer operates a management services business that supports value-based performance through clinical integration, financial risk management and population health management. It has two operating segments: Hospital Operations and other, and Conifer.

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