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Community Health Systems (NYSE:CYH) Director H Mitchell Watson, Jr. unloaded 6,334 shares of Community Health Systems stock on the open market in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $51.00, for a total transaction of $323,034.00. Following the sale, the director now directly owns 11,419 shares of the company’s stock, valued at approximately $582,369. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of analysts have recently weighed in on CYH shares. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Community Health Systems in a research note on Tuesday, August 5th. They now have a $54.00 price target on the stock, up previously from $40.00. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Community Health Systems in a research note on Tuesday, August 5th. They now have a $56.00 price target on the stock, up previously from $48.00. Finally, analysts at RBC Capital raised their price target on shares of Community Health Systems from $60.00 to $74.00 in a research note on Tuesday, August 5th. They now have an “outperform” rating on the stock. Nine analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $54.40.

Shares of Community Health Systems (NYSE:CYH) traded up 0.16% on Wednesday, hitting $51.48. The stock had a trading volume of 1,367,454 shares. Community Health Systems has a 52-week low of $34.55 and a 52-week high of $51.86. The stock’s 50-day moving average is $46.90 and its 200-day moving average is $41.71. The company’s market cap is $5.805 billion.

Community Health Systems (NYSE:CYH) last released its earnings data on Thursday, July 31st. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.35 by $0.02. The company had revenue of $4.78 billion for the quarter, compared to the consensus estimate of $4.87 billion. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was up 49.8% on a year-over-year basis. On average, analysts predict that Community Health Systems will post $3.05 earnings per share for the current fiscal year.

Community Health Systems, Inc, is an operator of hospitals in the United States. The Company provides healthcare services through the hospitals that it owns and operates in non-urban and selected urban markets throughout the United States.

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