Equities research analysts at Mizuho boosted their price target on shares of Community Health Systems (NYSE:CYH) from $45.00 to $48.00 in a research note issued to investors on Tuesday, Stock Ratings Network reports. The firm currently has a “neutral” rating on the stock. Mizuho’s price target would indicate a potential upside of 4.53% from the stock’s previous close.
Community Health Systems (NYSE:CYH) opened at 45.92 on Tuesday. Community Health Systems has a 52-week low of $23.78 and a 52-week high of $51.29. The stock’s 50-day moving average is currently $46.26. The company has a market cap of $4.264 billion and a price-to-earnings ratio of 19.59.
Community Health Systems (NYSE:CYH) last announced its earnings results on Monday, July 29th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.01. The company had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the previous year, the company posted $0.93 earnings per share. The company’s revenue for the quarter was down .2% on a year-over-year basis. Analysts expect that Community Health Systems will post $3.04 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on CYH. Analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of Community Health Systems in a research note to investors on Wednesday, July 31st. They now have a $48.00 price target on the stock, up previously from $44.00. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Community Health Systems in a research note to investors on Wednesday, July 31st. They now have a $60.00 price target on the stock, up previously from $56.00. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Community Health Systems in a research note to investors on Wednesday, July 31st. They now have a $60.00 price target on the stock, up previously from $50.00.
One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $51.39.
Community Health Systems, Inc, is an operator of hospitals in the United States. The Company provides healthcare services through the hospitals that it owns and operates in non-urban and selected urban markets throughout the United States.
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