CRT Capital upgraded shares of Tenet Healthcare (NYSE: THC) from a fair value rating to a buy rating in a research note released on Friday morning. They currently have $51.00 price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital raised their price target on shares of Tenet Healthcare from $20.00 to $38.00 in a research note to investors on Thursday, March 7th. They now have a sector perform rating on the stock. Separately, analysts at Jefferies Group reiterated a buy rating on shares of Tenet Healthcare in a research note to investors on Monday, March 4th. They now have a $48.00 price target on the stock, up previously from $26.00. Finally, analysts at JPMorgan Chase reiterated an overweight rating on shares of Tenet Healthcare in a research note to investors on Monday, March 4th. They now have a $41.00 price target on the stock.
Shares of Tenet Healthcare traded up 1.50% during mid-day trading on Friday, hitting $43.85. Tenet Healthcare has a one year low of $17.24 and a one year high of $43.79. The stock’s 50-day moving average is currently $39.42. The company has a market cap of $4.573 billion and a P/E ratio of 33.33.
Tenet Healthcare Corporation, and its subsidiaries (Tenet) is an investor-owned health care services company whose subsidiaries and affiliates own and operate acute care hospitals, ambulatory surgery centers, diagnostic imaging centers and related health care facilities.
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