LifePoint Hospitals Price Target Increased to $59.00 by Analysts at Barclays (LPNT)
Barclays raised their target price on shares of LifePoint Hospitals (NASDAQ:LPNT) from $56.00 to $59.00 in a research note issued on Monday, AnalystRatings.Net reports. Barclays’ price target suggests a potential upside of 3.91% from the company’s current price.
Shares of LifePoint Hospitals (NASDAQ:LPNT) traded down 0.16% on Monday, hitting $56.78. 1,607,636 shares of the company’s stock traded hands. LifePoint Hospitals has a 52-week low of $43.97 and a 52-week high of $59.71. The stock’s 50-day moving average is $53.07 and its 200-day moving average is $52.25. The company has a market cap of $2.525 billion and a P/E ratio of 20.46.
LifePoint Hospitals (NASDAQ:LPNT) last released its earnings data on Friday, April 25th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.13. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1,000.00 million. During the same quarter in the previous year, the company posted $0.79 earnings per share. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. Analysts expect that LifePoint Hospitals will post $2.66 EPS for the current fiscal year.
LPNT has been the subject of a number of other recent research reports. Analysts at CRT Capital raised their price target on shares of LifePoint Hospitals from $60.00 to $63.50 in a research note on Monday. They now have a “buy” rating on the stock. Separately, analysts at Bank of America reiterated a “neutral” rating on shares of LifePoint Hospitals in a research note on Monday. They now have a $65.00 price target on the stock. Finally, analysts at RBC Capital raised their price target on shares of LifePoint Hospitals from $62.00 to $63.00 in a research note on Monday. They now have an “outperform” rating on the stock. Nine research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. LifePoint Hospitals currently has an average rating of “Hold” and an average target price of $57.65.
LifePoint Hospitals, Inc (NASDAQ:LPNT), through its subsidiaries, operates general acute care hospitals in non-urban communities in the United States.
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