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Health Net (NYSE:HNT) set a new 52-week high during mid-day trading on Thursday, Analyst Ratings Network reports. The stock traded as high as $34.17 and last traded at $34.16, with a volume of 821,823 shares. The stock had previously closed at $33.28.

HNT has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Health Net in a research note to investors on Monday, January 13th. They now have a $33.00 price target on the stock. Separately, 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. Finally, 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. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $34.85.

Health Net has a one year low of $25.13 and a one year high of $33.90. The stock has a 50-day moving average of $29.88 and a 200-day moving average of $30.75. The company has a market cap of $2.761 billion and a P/E ratio of 17.20.

Health Net (NYSE:HNT) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.83 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.38 earnings per share. Health Net’s revenue was down .2% compared to the same quarter last year. Analysts expect that Health Net will post $2.26 EPS for the current fiscal year.

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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