Cardinal Health (CAH) : 11 analysts are covering Cardinal Health (CAH) and their average rating on the stock is 1.91, which is read as a Buy. 6 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 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Cardinal Health (CAH) : The consensus price target for Cardinal Health (CAH) is $95.4 for the short term with a standard deviation of $7.2. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $111, however, the pessimist price target for the company is $86.
Cardinal Health, Inc. has lost 0.8% in the last five trading days and dropped 1.01% in the last 4 weeks. Cardinal Health, Inc. is up 6.52% in the last 3-month period. Year-to-Date the stock performance stands at -7.13%. Cardinal Health (NYSE:CAH): On Tuesdays trading session , Opening price of the stock was $82.39 with an intraday high of $82.56. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $82. However, the stock managed to close at $82.02, a loss of 0.16% for the day. On the previous day, the stock had closed at $82.15. The total traded volume of the day was 899,566 shares.
Cardinal Health, Inc. is a healthcare services and products company. The Company operates in two segments: Pharmaceutical and Medical. The Company also provides medical products to patients in the home. In the United States, the Companys Pharmaceutical segment distributes branded and generic pharmaceutical, over-the-counter healthcare and consumer products through its Pharmaceutical Distribution division to retailers, hospitals and other healthcare providers. In China, the Pharmaceutical segment distributes branded, generic and specialty pharmaceutical, over-the-counter healthcare and consumer products, provides logistics, marketing and other services and operates direct-to-patient specialty pharmacies through Cardinal Health China. The Medical segment distributes a range of medical, surgical and laboratory products and provides services to hospitals, ambulatory surgery centers, clinical laboratories and other healthcare providers.