Gentiva Health Services Price Target Raised to $16.00 at CRT Capital (GTIV)
Investment analysts at CRT Capital boosted their price target on shares of Gentiva Health Services (NASDAQ:GTIV) from $10.50 to $16.00 in a note issued to investors on Friday, AnalystRatings.NET reports. The firm currently has a “buy” rating on the stock. CRT Capital’s target price indicates a potential upside of 15.69% from the stock’s previous close.
A number of other firms have also recently commented on GTIV. Analysts at Deutsche Bank raised their price target on shares of Gentiva Health Services from $10.00 to $14.00 in a research note on Thursday. Separately, 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. Finally, 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. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Gentiva Health Services currently has an average rating of “Hold” and an average price target of $13.04.
Shares of Gentiva Health Services (NASDAQ:GTIV) opened at 13.83 on Friday. Gentiva Health Services has a 52 week low of $7.35 and a 52 week high of $14.50. The stock has a 50-day moving average of $8.41 and a 200-day moving average of $10.54. The company’s market cap is $508.4 million.
Gentiva Health Services (NASDAQ:GTIV) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.23 earnings per share. The company’s quarterly revenue was up 17.3% on a year-over-year basis. 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.
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