Share on StockTwits

Shares of Community Health Systems (NYSE:CYH) have earned a consensus rating of “Buy” from the twenty-one brokerages that are currently covering the stock, American Banking and Market News reports. Nine equities research analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $54.40.

A number of research firms have recently commented on CYH. 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.

Shares of Community Health Systems (NYSE:CYH) opened at 54.28 on Tuesday. Community Health Systems has a 52-week low of $34.55 and a 52-week high of $55.70. The stock’s 50-day moving average is $48.51 and its 200-day moving average is $42.34. The company’s market cap is $6.120 billion.

Community Health Systems (NYSE:CYH) last issued its quarterly 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. Analysts expect that Community Health Systems will post $3.05 EPS for the current fiscal year.

In other Community Health Systems news, Director Julia B. North sold 5,371 shares of the stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $51.95, for a total value of $279,023.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.