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Stock analysts at Mizuho lowered their price objective on shares of Community Health Systems (NYSE:CYH) from $48.00 to $45.00 in a report issued on Wednesday, American Banking News.com reports. The firm currently has a “neutral” rating on the stock. Mizuho’s price objective suggests a potential upside of 8.70% from the stock’s previous close.

Community Health Systems (NYSE:CYH) opened at 41.40 on Wednesday. Community Health Systems has a 52-week low of $36.52 and a 52-week high of $51.29. The stock’s 50-day moving average is $40.07 and its 200-day moving average is $41.77. The company has a market cap of $3.863 billion and a price-to-earnings ratio of 21.36.

Community Health Systems (NYSE:CYH) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.03. The company had revenue of $3.22 billion for the quarter, compared to the consensus estimate of $3.26 billion. During the same quarter in the previous year, the company posted $0.86 earnings per share. The company’s revenue for the quarter was up .2% on a year-over-year basis. On average, analysts predict that Community Health Systems will post $2.62 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays cut their price target on shares of Community Health Systems from $52.00 to $48.00 in a research note to investors on Wednesday, January 8th. They now have an “equal weight” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Community Health Systems in a research note to investors on Tuesday, January 7th. Finally, analysts at CRT Capital reiterated a “fair value” rating on shares of Community Health Systems in a research note to investors on Tuesday, January 7th. They now have a $45.00 price target on the stock. Nine research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $51.22.

Community Health Systems, Inc, is an operator of hospitals in the United States. The Company provides healthcare services through the hospitals that it owns and operates in non-urban and selected urban markets throughout the United States.

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