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Investment analysts at Jefferies Group hoisted their price target on shares of Acadia Healthcare Company (NASDAQ:ACHC) from $47.00 to $56.00 in a note issued to investors on Thursday, ARN reports. The firm currently has a “buy” rating on the stock. Jefferies Group’s price target would indicate a potential upside of 11.87% from the stock’s previous close.

Shares of Acadia Healthcare Company (NASDAQ:ACHC) opened at 50.06 on Thursday. Acadia Healthcare Company has a 52 week low of $26.07 and a 52 week high of $53.87. The stock has a 50-day moving average of $50.87 and a 200-day moving average of $43.91. The company has a market cap of $2.529 billion and a price-to-earnings ratio of 72.98.

Acadia Healthcare Company (NASDAQ:ACHC) last released its earnings data on Friday, February 28th. The company reported $0.29 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.29. The company had revenue of $190.00 million for the quarter, compared to the consensus estimate of $189.56 million. On average, analysts predict that Acadia Healthcare Company will post $1.06 earnings per share for the current fiscal year.

ACHC has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of Acadia Healthcare Company from an “outperform” rating to a “neutral” rating in a research note on Wednesday, January 8th. They now have a $51.50 price target on the stock. Separately, analysts at Citigroup Inc. downgraded shares of Acadia Healthcare Company from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 7th. They now have a $49.00 price target on the stock, up previously from $43.00. Finally, analysts at Susquehanna initiated coverage on shares of Acadia Healthcare Company in a research note on Tuesday, December 17th. They set a “positive” rating on the stock. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Acadia Healthcare Company presently has an average rating of “Buy” and a consensus price target of $46.69.

Acadia Healthcare Company, Inc is a provider of inpatient behavioral healthcare services in the United States.

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