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Health Net (NYSE:HNT)‘s stock had its “neutral” rating reiterated by Zacks in a report issued on Monday, American Banking & Market News reports. They currently have a $33.00 price target on the stock. Zacks‘ price target would suggest a potential upside of 9.38% from the company’s current price.

Health Net (NYSE:HNT) traded down 1.11% on Monday, hitting $30.17. 469,406 shares of the company’s stock traded hands. Health Net has a 1-year low of $25.13 and a 1-year high of $33.90. The stock has a 50-day moving average of $29.45 and a 200-day moving average of $30.73. The company has a market cap of $2.399 billion and a P/E ratio of 15.77.

Health Net (NYSE:HNT) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.23. The company had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.72 billion. During the same quarter in the previous year, the company posted $0.38 earnings per share. The company’s revenue for the quarter was down .2% on a year-over-year basis. On average, analysts predict that Health Net will post $2.26 earnings per share for the current fiscal year.

HNT has been the subject of a number of other recent research reports. Analysts at Credit Suisse raised their price target on shares of Health Net from $38.00 to $35.00 in a research note to investors on Tuesday, November 19th. They now have a “hold” rating on the stock. Separately, analysts at Leerink Swann initiated coverage on shares of Health Net in a research note to investors on Monday, November 18th. They set a “market perform” rating and a $31.00 price target on the stock. Finally, analysts at Wells Fargo & Co. downgraded shares of Health Net from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, November 8th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company. Health Net currently has an average rating of “Hold” and an average target price of $34.85.

Health Net, Inc is a managed care company that delivers managed health care services through health plans and government-sponsored managed care plans.

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