Several analysts have recently updated their ratings and price targets for Community Health Systems (NYSE: CYH):

  • 9/20/2016 – Community Health Systems had its “hold” rating reaffirmed by analysts at Leerink Swann.
  • 9/19/2016 – Community Health Systems was downgraded by analysts at Vetr from a “strong-buy” rating to a “hold” rating. They now have a $12.50 price target on the stock.
  • 9/19/2016 – Community Health Systems was given a new $14.00 price target on by analysts at Citigroup Inc.. They now have a “hold” rating on the stock.
  • 9/19/2016 – Community Health Systems had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $12.00 price target on the stock.
  • 9/14/2016 – Community Health Systems was upgraded by analysts at Susquehanna from a “neutral” rating to a “positive” rating. They now have a $18.00 price target on the stock, up previously from $10.78.
  • 9/13/2016 – Community Health Systems was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $12.50 price target on the stock.
  • 9/7/2016 – Community Health Systems was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $12.50 price target on the stock.
  • 8/19/2016 – Community Health Systems had its “hold” rating reaffirmed by analysts at Barclays PLC. They now have a $15.00 price target on the stock.
  • 8/16/2016 – Community Health Systems was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Community Health's second quarter results were disappointing. The company's high debt level, uncertainty over regulatory reforms and revenue concentration remain major concerns in the near term. Post Quorum spin-off, the company is now planning to sell another 12 hospitals by the end of this year, which will not only help in paying off debt but also drive future investments. Nevertheless, we believe that Community Health is well positioned to benefit from The Patient Protection and Affordable Care Act (ACA). Medicaid program expansions and synergies from the Health Management Associates (HMA) acquisition are the key catalysts. We also believe that strategic buyouts will drive the company’s penetration into the healthcare services market, which in turn, will enhance its competitive position as well as drive significant growth. However, inconsistent results and growing execution fears are the primary headwinds.”
  • 8/12/2016 – Community Health Systems was upgraded by analysts at Mizuho from an “underperform” rating to a “neutral” rating. They now have a $10.50 price target on the stock.
  • 8/10/2016 – Community Health Systems had its “hold” rating reaffirmed by analysts at Jefferies Group.
  • 8/9/2016 – Community Health Systems was downgraded by analysts at Leerink Swann from an “outperform” rating to a “market perform” rating. They now have a $13.00 price target on the stock, down previously from $21.00.
  • 8/8/2016 – Community Health Systems was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Community Health's second quarter results were disappointing. The company's high debt level, uncertainty over regulatory reforms and revenue concentration remain major concerns in the near term. Nevertheless, we believe that Community Health is well positioned to benefit from The Patient Protection and Affordable Care Act (ACA). Medicaid program expansions and synergies from the Health Management Associates (HMA) acquisition are the key catalysts. We also believe that strategic buyouts will drive the company’s penetration into the healthcare services market, which in turn, will enhance its competitive position as well as drive significant growth. However, inconsistent results and growing execution fears are the primary headwinds.”
  • 8/5/2016 – Community Health Systems had its price target lowered by analysts at Citigroup Inc. from $17.00 to $14.00. They now have a “neutral” rating on the stock.
  • 8/4/2016 – Community Health Systems had its price target lowered by analysts at Barclays PLC from $17.00 to $15.00. They now have an “equal weight” rating on the stock.
  • 8/3/2016 – Community Health Systems had its “sell” rating reaffirmed by analysts at Morgan Stanley. They now have a $15.00 price target on the stock.
  • 7/29/2016 – Community Health Systems is now covered by analysts at Credit Suisse Group AG. They set a “neutral” rating and a $14.00 price target on the stock.
  • 7/26/2016 – Community Health Systems was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “We believe that Community Health is well positioned to benefit from The Patient Protection and Affordable Care Act (ACA). Medicaid program expansions and synergies from the Health Management Associates (HMA) acquisition are the key growth catalysts. We believe that strategic buyouts will drive the company’s penetration into the healthcare services market, which in turn, will enhance its competitive position as well as drive significant growth. Nevertheless, Community Health's high debt levels, uncertainty over regulatory reforms and revenue concentration remain major concerns in the near term. Post Quorum spin-off, the company is now planning to sell another 10 hospitals by the end of this year, which will help in paying off debt. However, inconsistent results and growing execution fears are the primary headwinds.”

Community Health Systems Inc. (NYSE:CYH) traded down 5.48% during trading on Wednesday, hitting $10.17. The stock had a trading volume of 5,122,793 shares. The firm has a 50 day moving average price of $11.00 and a 200-day moving average price of $13.33. Community Health Systems Inc. has a 1-year low of $9.66 and a 1-year high of $40.55. The firm’s market capitalization is $1.13 billion.

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Community Health Systems (NYSE:CYH) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by $0.47. Community Health Systems had a negative net margin of 7.55% and a positive return on equity of 2.10%. The business had revenue of $4.59 billion for the quarter, compared to analysts’ expectations of $4.53 billion. The business’s revenue for the quarter was down 6.0% compared to the same quarter last year. On average, equities research analysts expect that Community Health Systems Inc. will post $1.34 EPS for the current year.

Community Health Systems, Inc is an operator of general acute care hospitals in communities. The Company provides healthcare services through the hospitals that it owns and operates and affiliated businesses in non-urban and selected urban markets throughout the United States. The Company operates through two segments: hospital operations and home care agencies operations.

5 Day Chart for NYSE:CYH

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