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Equities researchers at RBC Capital boosted their target price on shares of Chemed (NYSE:CHE) from $70.00 to $74.00 in a research report issued on Tuesday. The firm currently has a “sector perform” rating on the stock. RBC Capital’s target price would indicate a potential downside of 18.58% from the stock’s previous close.

CHE has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Chemed in a research note on Thursday, May 1st. They now have a $75.00 price target on the stock. Separately, analysts at Oppenheimer raised their price target on shares of Chemed from $90.00 to $92.00 in a research note on Thursday, May 1st. They now have an “outperform” rating on the stock. Finally, analysts at Zacks downgraded shares of Chemed from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 22nd. They now have a $93.90 price target on the stock. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $83.73.

Chemed (NYSE:CHE) opened at 90.89 on Tuesday. Chemed has a 52-week low of $64.16 and a 52-week high of $92.43. The stock’s 50-day moving average is $87.23 and its 200-day moving average is $82.89. The company has a market cap of $1.594 billion and a price-to-earnings ratio of 21.90.

Chemed (NYSE:CHE) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $1.32 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.32. The company had revenue of $358.30 million for the quarter, compared to the consensus estimate of $256.77 million. During the same quarter in the prior year, the company posted $1.38 earnings per share. The company’s quarterly revenue was down 2.3% on a year-over-year basis. On average, analysts predict that Chemed will post $5.85 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, June 18th. Investors of record on Thursday, May 29th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Tuesday, May 27th.

Chemed Corporation (NYSE:CHE) purchases, operates and divests subsidiaries engaged in diverse business activities.

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