Share on StockTwits

Equities research analysts at Deutsche Bank lifted their target price on shares of Gentiva Health Services (NASDAQ:GTIV) from $10.00 to $14.00 in a research note issued to investors on Thursday, AnalystRatings.Net reports. Deutsche Bank’s price target indicates a potential upside of 63.93% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Robert W. Baird upgraded shares of Gentiva Health Services from an “underperform” rating to a “neutral” rating in a research note on Thursday. They now have a $14.00 price target on the stock, up previously from $7.00. Separately, analysts at Raymond James upgraded shares of Gentiva Health Services from an “underperform” rating to a “market perform” rating in a research note on Thursday. Finally, analysts at Piper Jaffray cut their price target on shares of Gentiva Health Services from $12.00 to $11.00 in a research note on Friday, May 9th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $12.13.

Gentiva Health Services (NASDAQ:GTIV) traded up 61.94% during mid-day trading on Thursday, hitting $13.83. 6,643,119 shares of the company’s stock traded hands. Gentiva Health Services has a 52 week low of $7.35 and a 52 week high of $13.85. The stock’s 50-day moving average is $8.27 and its 200-day moving average is $10.52. The company’s market cap is $508.4 million.

Gentiva Health Services (NASDAQ:GTIV) last announced its earnings results on Wednesday, May 7th. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.11 by $0.02. The company had revenue of $487.50 million for the quarter, compared to the consensus estimate of $491.51 million. During the same quarter last year, the company posted $0.23 earnings per share. Gentiva Health Services’s revenue was up 17.3% compared to the same quarter last year. Analysts expect that Gentiva Health Services will post $0.90 EPS for the current fiscal year.

Gentiva Health Services, Inc (NASDAQ:GTIV) is engaged in providing home health services and hospice services.

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.