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Health Net (NYSE:HNT)‘s stock had its “neutral” rating reiterated by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday. They currently have a $40.00 price objective on the stock, up from their previous price objective of $38.00. JPMorgan Chase & Co.’s price target would indicate a potential upside of 0.05% from the stock’s previous close.

A number of other analysts have also recently weighed in on HNT. Analysts at BMO Capital Markets raised their price target on shares of Health Net from $35.00 to $38.00 in a research note on Wednesday, May 14th. They now have a “market perform” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Health Net in a research note on Tuesday, May 13th. They now have a $37.00 price target on the stock, up previously from $33.00. Finally, analysts at Leerink Swann reiterated a “market perform” rating on shares of Health Net in a research note on Friday, May 9th. They now have a $37.00 price target on the stock, up previously from $31.00. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. Health Net presently has a consensus rating of “Hold” and an average target price of $39.75.

Health Net (NYSE:HNT) traded up 0.29% on Tuesday, hitting $40.095. 336,984 shares of the company’s stock traded hands. Health Net has a 1-year low of $25.40 and a 1-year high of $40.53. The stock has a 50-day moving average of $36.45 and a 200-day moving average of $32.93. The company has a market cap of $3.216 billion and a P/E ratio of 21.51.

Health Net (NYSE:HNT) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by $0.03. The company had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.25 billion. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. On average, analysts predict that Health Net will post $2.32 earnings per share for the current fiscal year.

Health Net, Inc is a managed care company that delivers managed health care services through health plans and government-sponsored managed care plans.

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