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Community Health Systems (NYSE:CYH)‘s stock had its “equal weight” rating reiterated by analysts at Barclays in a research report issued to clients and investors on Thursday, American Banking News.com reports. They currently have a $42.00 price target on the stock, down from their previous price target of $48.00. Barclays’ price target suggests a potential upside of 13.51% from the stock’s previous close.

Community Health Systems (NYSE:CYH) traded down 0.59% during mid-day trading on Thursday, hitting $36.78. 1,473,112 shares of the company’s stock traded hands. Community Health Systems has a one year low of $34.55 and a one year high of $51.29. The stock has a 50-day moving average of $37.58 and a 200-day moving average of $39.94. The company’s market cap is $4.239 billion.

Community Health Systems (NYSE:CYH) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.27 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.19 by $0.08. The company had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter last year, the company posted $0.87 earnings per share. Community Health Systems’s revenue was up 28.1% compared to the same quarter last year. Analysts expect that Community Health Systems will post $2.90 EPS for the current fiscal year.

A number of other firms have also recently commented on CYH. Analysts at TheStreet downgraded shares of Community Health Systems from a “buy” rating to a “hold” rating in a research note on Thursday. Separately, analysts at KeyCorp cut their price target on shares of Community Health Systems from $50.00 to $46.00 in a research note on Thursday. Finally, analysts at Morgan Stanley initiated coverage on shares of Community Health Systems in a research note on Monday, April 28th. They set an “equal weight” rating on the stock. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $49.51.

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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