HCA Holdings Price Target Increased to $80.00 by Analysts at RBC Capital (HCA)
Investment analysts at RBC Capital lifted their price objective on shares of HCA Holdings (NYSE:HCA) from $56.00 to $80.00 in a note issued to investors on Thursday. The firm currently has an “outperform” rating on the stock. RBC Capital’s target price suggests a potential upside of 22.16% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of HCA Holdings from $60.00 to $72.00 in a research note on Thursday. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of HCA Holdings in a research note on Wednesday. They now have a $84.00 price target on the stock, up previously from $60.00. Finally, analysts at Barclays reiterated an “overweight” rating on shares of HCA Holdings in a research note on Wednesday. They now have a $75.00 price target on the stock, up previously from $58.00. Two investment analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. HCA Holdings has an average rating of “Buy” and a consensus price target of $67.71.
In other HCA Holdings news, SVP David Gwin Anderson sold 22,524 shares of HCA Holdings stock on the open market in a transaction that occurred on Wednesday, July 30th. The shares were sold at an average price of $66.53, for a total transaction of $1,498,521.72. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of HCA Holdings (NYSE:HCA) traded up 0.28% during mid-day trading on Thursday, hitting $65.49. 3,627,152 shares of the company’s stock traded hands. HCA Holdings has a 1-year low of $37.75 and a 1-year high of $66.71. The stock’s 50-day moving average is $58.65 and its 200-day moving average is $52.79. The company has a market cap of $29.668 billion and a price-to-earnings ratio of 18.51.
HCA Holdings (NYSE:HCA) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.07 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.92 by $0.15. The company had revenue of $9.96 billion for the quarter, compared to the consensus estimate of $8.98 billion. During the same quarter last year, the company posted $0.91 earnings per share. HCA Holdings’s revenue was up 5.1% compared to the same quarter last year. Analysts expect that HCA Holdings will post $4.17 EPS for the current fiscal year.
HCA Holdings, Inc (NYSE:HCA) is a holding company whose affiliates owns and operates hospitals and related health care entities.
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