Surgery Partners (SGRY) Upgraded at BidaskClub
Surgery Partners (NASDAQ:SGRY) was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Tuesday.
Several other brokerages have also recently commented on SGRY. Jefferies Group restated a “buy” rating and issued a $16.00 target price (down from $22.00) on shares of Surgery Partners in a research report on Friday, September 8th. KeyCorp restated a “hold” rating on shares of Surgery Partners in a research report on Friday, September 22nd. Zacks Investment Research cut shares of Surgery Partners from a “hold” rating to a “strong sell” rating in a research report on Saturday, November 4th. ValuEngine cut shares of Surgery Partners from a “hold” rating to a “sell” rating in a research report on Thursday, November 9th. Finally, Bank of America cut shares of Surgery Partners from a “buy” rating to a “neutral” rating and set a $19.00 target price for the company. in a research report on Wednesday, November 1st. Four research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. Surgery Partners currently has an average rating of “Hold” and a consensus target price of $18.57.
Shares of Surgery Partners (SGRY) traded up $0.45 during trading hours on Tuesday, hitting $9.75. 489,700 shares of the stock traded hands, compared to its average volume of 333,233. The firm has a market cap of $475.50 and a PE ratio of 62.00. The company has a quick ratio of 1.92, a current ratio of 2.09 and a debt-to-equity ratio of 1.56. Surgery Partners has a one year low of $7.10 and a one year high of $24.05.
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About Surgery Partners
Surgery Partners, Inc is a healthcare services company. The Company operates in three lines of business across the United States: Surgical Facility Services, Ancillary Services and Optical Services. The Company’s Surgical Facility Services segment consists of the operation of ambulatory surgery centers (ASCs) and surgical hospitals, which include its anesthesia services.
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