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Community Health Systems (NYSE:CYH) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued on Monday, Analyst RN reports. They currently have a $39.90 price target on the stock. Zacks‘ target price points to a potential downside of 4.75% from the company’s current price.

Community Health Systems (NYSE:CYH) traded up 2.22% on Monday, hitting $42.82. 870,805 shares of the company’s stock traded hands. Community Health Systems has a 1-year low of $36.52 and a 1-year high of $51.29. The stock’s 50-day moving average is $40.89 and its 200-day moving average is $41.21. The company has a market cap of $3.998 billion and a price-to-earnings ratio of 27.74.

Community Health Systems (NYSE:CYH) last released its earnings data on Thursday, February 27th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by $0.51. The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.23 billion. Analysts expect that Community Health Systems will post $3.15 EPS for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse initiated coverage on shares of Community Health Systems in a research note on Friday. They set an “outperform” rating and a $48.00 price target on the stock. Separately, analysts at Cantor Fitzgerald raised their price target on shares of Community Health Systems from $41.00 to $45.00 in a research note on Thursday. They now have a “hold” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Community Health Systems in a research note on Wednesday, February 19th. They now have a $58.00 price target on the stock. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $51.49.

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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