HCA Holdings Given New $50.00 Price Target at UBS AG (HCA)
UBS AG increased their target price on shares of HCA Holdings (NYSE:HCA) from $48.00 to $50.00 in a research note issued on Monday, AR Network reports. The firm currently has a “buy” rating on the stock. UBS AG’s price objective indicates a potential upside of 18.85% from the company’s current price.
A number of other firms have also recently commented on HCA. Analysts at Barclays Capital reiterated a “buy” rating on shares of HCA Holdings (NYSE:HCA) in a research note to investors on Tuesday, September 24th. They now have a $47.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of HCA Holdings (NYSE:HCA) from $43.00 to $50.00 in a research note to investors on Tuesday, September 24th. They now have an “overweight” rating on the stock. Finally, analysts at Mizuho upgraded shares of HCA Holdings (NYSE:HCA) from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, September 18th. They now have a $51.00 price target on the stock, up previously from $42.00. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and sixteen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $45.28.
HCA Holdings (NYSE:HCA) traded up 1.35% during mid-day trading on Monday, hitting $42.637. The stock had a trading volume of 1,805,158 shares. HCA Holdings has a 1-year low of $27.92 and a 1-year high of $43.11. The stock’s 50-day moving average is $39.7 and its 200-day moving average is $38.85. The company has a market cap of $19.067 billion and a price-to-earnings ratio of 13.48.
HCA Holdings (NYSE:HCA) last announced its earnings results on Thursday, August 1st. The company reported $0.91 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.83 by $0.08. The company had revenue of $8.45 billion for the quarter, compared to the consensus estimate of $8.44 billion. During the same quarter in the prior year, the company posted $0.85 earnings per share. The company’s quarterly revenue was up 3.5% on a year-over-year basis. Analysts expect that HCA Holdings will post $3.22 EPS for the current fiscal year.
In other HCA Holdings news, SVP Donald Stinnett unloaded 12,500 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $42.00, for a total transaction of $525,000.00. Following the transaction, the senior vice president now directly owns 51,438 shares of the company’s stock, valued at approximately $2,160,396. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
HCA Holdings, Inc (NYSE:HCA) is a holding company whose affiliates owns and operates hospitals and related health care entities.
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