LifePoint Hospitals Given Buy Rating at Deutsche Bank (LPNT)
LifePoint Hospitals (NASDAQ:LPNT)‘s stock had its “buy” rating reiterated by equities research analysts at Deutsche Bank in a research note issued to investors on Tuesday, AR Network reports. They currently have a $61.00 price target on the stock. Deutsche Bank’s price objective would indicate a potential upside of 13.81% from the stock’s previous close.
LPNT has been the subject of a number of other recent research reports. Analysts at BMO Capital Markets raised their price target on shares of LifePoint Hospitals from $50.00 to $57.00 in a research note on Tuesday. Separately, analysts at Barclays raised their price target on shares of LifePoint Hospitals from $52.00 to $56.00 in a research note on Tuesday. They now have an “underweight” rating on the stock. Finally, analysts at Ned Davis Research downgraded shares of LifePoint Hospitals from a “buy” rating to a “neutral” rating in a research note on Monday, February 10th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $53.20.
Shares of LifePoint Hospitals (NASDAQ:LPNT) traded down 0.47% during mid-day trading on Tuesday, hitting $53.35. 921,647 shares of the company’s stock traded hands. LifePoint Hospitals has a 52 week low of $42.12 and a 52 week high of $56.77. The stock’s 50-day moving average is $53.62 and its 200-day moving average is $49.94. The company has a market cap of $2.470 billion and a P/E ratio of 19.94.
LifePoint Hospitals (NASDAQ:LPNT) last posted its quarterly earnings results on Friday, February 14th. The company reported $0.75 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.80 by $0.05. The company had revenue of $952.60 million for the quarter, compared to the consensus estimate of $952.10 million. During the same quarter last year, the company posted $0.77 earnings per share. LifePoint Hospitals’s revenue was up 10.1% compared to the same quarter last year. Analysts expect that LifePoint Hospitals will post $2.93 EPS for the current fiscal year.
LifePoint Hospitals, Inc (NASDAQ:LPNT), through its subsidiaries, operates general acute care hospitals in non-urban communities in the United States.
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.