WebMD Health Corp. Rating Increased to Outperform at Zacks (WBMD)
WebMD Health Corp. (NASDAQ:WBMD) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday, Stock Ratings News reports. The firm currently has a $52.40 target price on the stock. Zacks‘ target price suggests a potential upside of 5.73% from the stock’s previous close.
Shares of WebMD Health Corp. (NASDAQ:WBMD) traded down 0.52% on Tuesday, hitting $49.304. The stock had a trading volume of 391,018 shares. WebMD Health Corp. has a 52 week low of $15.66 and a 52 week high of $50.53. The stock’s 50-day moving average is $40.74 and its 200-day moving average is $34.63. The company’s market cap is $2.216 billion.
Several other analysts have also recently commented on the stock. Analysts at Stifel Nicolaus raised their price target on shares of WebMD Health Corp. from $50.00 to $55.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. upgraded shares of WebMD Health Corp. from a “sell” rating to a “neutral” rating in a research note to investors on Monday, December 2nd. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $45.85.
WebMD Health Corp. is a provider of health information services to consumers, physicians and other healthcare professionals, employers and health plans through its public and private online portals, mobile platforms and health-focused publications.
To view Zacks’ full report, visit www.zacks.com
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