Zacks Downgrades Addus HomeCare to Neutral (ADUS)
Addus HomeCare (NASDAQ:ADUS) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Monday, Stock Ratings News reports. They currently have a $27.80 price objective on the stock. Zacks‘ price target would indicate a potential upside of 7.01% from the stock’s previous close.
Addus HomeCare (NASDAQ:ADUS) traded up 2.61% on Monday, hitting $25.98. 129,890 shares of the company’s stock traded hands. Addus HomeCare has a 52 week low of $8.08 and a 52 week high of $32.40. The stock’s 50-day moving average is $24.11 and its 200-day moving average is $25.09. The company has a market cap of $280.2 million and a price-to-earnings ratio of 12.64.
Separately, analysts at Sidoti initiated coverage on shares of Addus HomeCare in a research note on Wednesday, February 12th. They set a “buy” rating and a $30.00 price target on the stock.
Addus HomeCare Corporation is a provider of a range of social and medical services in the home focused primarily on the dual eligible population.
To view Zacks’ full report, visit www.zacks.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.