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Select Medical Holdings Corporation (NYSE:SEM) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued to investors on Monday, StockRatingsNetwork.com reports. The firm currently has a $11.40 price target on the stock. Zacks‘ price target would suggest a potential upside of 2.43% from the stock’s previous close.

Shares of Select Medical Holdings Corporation (NYSE:SEM) traded down 1.35% on Monday, hitting $10.98. The stock had a trading volume of 489,878 shares. Select Medical Holdings Corporation has a 1-year low of $7.21 and a 1-year high of $11.89. The stock’s 50-day moving average is $9.66 and its 200-day moving average is $8.76. The company has a market cap of $1.532 billion and a price-to-earnings ratio of 12.49.

Select Medical Holdings Corporation (NYSE:SEM) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.01. The company had revenue of $722.80 million for the quarter, compared to the consensus estimate of $723.10 million. During the same quarter in the previous year, the company posted $0.20 earnings per share. The company’s revenue for the quarter was up 1.3% on a year-over-year basis. Analysts expect that Select Medical Holdings Corporation will post $0.90 EPS for the current fiscal year.

Separately, analysts at Standpoint Research downgraded shares of Select Medical Holdings Corporation from a “buy” rating to a “hold” rating in a research note to investors on Monday, December 23rd. One analyst has rated the stock with a sell rating and six have issued a hold rating to the company’s stock. Select Medical Holdings Corporation has a consensus rating of “Hold” and a consensus target price of $9.60.

Select Medical Holdings Corporation is an operator of both specialty hospitals and outpatient rehabilitation clinics in the United States.

To view Zacks’ full report, visit www.zacks.com

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