eHealth, Inc. (EHTH) Given Consensus Rating of “Hold” by Brokerages

eHealth, Inc. (NASDAQ:EHTH) has received a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $26.40.

A number of brokerages recently issued reports on EHTH. ValuEngine raised shares of eHealth from a “sell” rating to a “hold” rating in a report on Friday. SunTrust Banks reissued a “buy” rating and issued a $22.00 price objective on shares of eHealth in a report on Friday, October 20th. Zacks Investment Research lowered shares of eHealth from a “hold” rating to a “sell” rating in a report on Tuesday, January 16th. Craig Hallum reissued a “buy” rating and issued a $28.00 price objective on shares of eHealth in a report on Monday, December 11th. Finally, TheStreet raised shares of eHealth from a “d+” rating to a “c” rating in a report on Monday, October 16th.

Shares of eHealth (EHTH) traded down $0.45 on Friday, hitting $16.16. 167,202 shares of the company were exchanged, compared to its average volume of 168,016. eHealth has a 12-month low of $10.35 and a 12-month high of $28.59. The stock has a market capitalization of $291.42, a price-to-earnings ratio of -14.05 and a beta of 1.67.

Hedge funds have recently made changes to their positions in the business. Municipal Employees Retirement System of Michigan boosted its stake in eHealth by 58.8% during the third quarter. Municipal Employees Retirement System of Michigan now owns 6,290 shares of the financial services provider’s stock worth $150,000 after buying an additional 2,330 shares during the period. Thrivent Financial For Lutherans purchased a new position in eHealth during the second quarter worth about $190,000. Voya Investment Management LLC purchased a new position in eHealth during the second quarter worth about $201,000. BNP Paribas Arbitrage SA boosted its stake in eHealth by 36.5% during the third quarter. BNP Paribas Arbitrage SA now owns 10,392 shares of the financial services provider’s stock worth $248,000 after buying an additional 2,781 shares during the period. Finally, Vident Investment Advisory LLC purchased a new position in eHealth during the third quarter worth about $256,000. 89.92% of the stock is owned by institutional investors.

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eHealth Company Profile

eHealth, Inc provides a private online source of health insurance for individuals, families and small businesses. The Company is the parent company of eHealthInsurance, a private health insurance exchange where individuals, families and small businesses can compare health insurance products from various insurers side-by-side, and purchase and enroll in coverage online through its Websites (www.eHealth.com, www.eHealthInsurance.com, www.eHealthMedicare.com, www.Medicare.com and www.PlanPrescriber.com) or telephonically through its customer care centers.

Analyst Recommendations for eHealth (NASDAQ:EHTH)

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