LifePoint Hospitals Given New $55.00 Price Target at Deutsche Bank (LPNT)
Investment analysts at Deutsche Bank boosted their price target on shares of LifePoint Hospitals (NASDAQ:LPNT) from $48.00 to $55.00 in a note issued to investors on Monday, Stock Ratings News reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 14.25% from the stock’s previous close.
LPNT has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of LifePoint Hospitals from $56.00 to $58.00 in a research note to investors on Tuesday, September 24th. They now have an “overweight” rating on the stock. Separately, analysts at RBC Capital cut their price target on shares of LifePoint Hospitals from $55.00 to $53.00 in a research note to investors on Wednesday, July 31st. They now have an “outperform” rating on the stock. Finally, analysts at Mizuho raised their price target on shares of LifePoint Hospitals from $45.00 to $49.00 in a research note to investors on Monday, July 29th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company. LifePoint Hospitals presently has an average rating of “Hold” and an average price target of $49.23.
LifePoint Hospitals (NASDAQ:LPNT) traded up 0.66% during mid-day trading on Monday, hitting $48.46. The stock had a trading volume of 178,916 shares. LifePoint Hospitals has a 52 week low of $34.37 and a 52 week high of $53.29. The stock’s 50-day moving average is $46.34 and its 200-day moving average is $47.90. The company has a market cap of $2.304 billion and a P/E ratio of 20.03.
LifePoint Hospitals (NASDAQ:LPNT) last announced its earnings results on Friday, July 26th. The company reported $0.65 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.72 by $0.07. The company had revenue of $894.90 million for the quarter, compared to the consensus estimate of $911.08 million. During the same quarter last year, the company posted $0.83 earnings per share. LifePoint Hospitals’s revenue was up 9.8% compared to the same quarter last year.
LifePoint Hospitals, Inc (NASDAQ:LPNT), through its subsidiaries, operates general acute care hospitals in non-urban communities in the United States.
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