Jefferies Group Analysts Give Envision Healthcare (EVHC) a $46.00 Price Target

Envision Healthcare (NYSE:EVHC) has been assigned a $46.00 price target by analysts at Jefferies Group in a research report issued on Wednesday. The firm presently has a “buy” rating on the stock. Jefferies Group’s target price would indicate a potential upside of 30.16% from the company’s current price.

Several other analysts have also recently weighed in on the stock. KeyCorp set a $67.00 price objective on shares of Envision Healthcare and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Cantor Fitzgerald restated a “hold” rating and issued a $30.00 target price on shares of Envision Healthcare in a research report on Tuesday, November 14th. Credit Suisse Group started coverage on shares of Envision Healthcare in a research report on Monday, December 11th. They issued an “outperform” rating and a $36.00 target price for the company. Canaccord Genuity restated a “buy” rating and issued a $32.00 target price (down from $68.00) on shares of Envision Healthcare in a research report on Thursday, November 2nd. Finally, Bank of America cut shares of Envision Healthcare from a “buy” rating to a “neutral” rating and set a $32.00 target price for the company. in a research report on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $41.83.

Shares of Envision Healthcare (NYSE EVHC) traded up $0.52 during trading on Wednesday, reaching $35.34. 4,055,367 shares of the company’s stock traded hands, compared to its average volume of 2,314,058. Envision Healthcare has a twelve month low of $23.77 and a twelve month high of $73.00. The company has a quick ratio of 3.00, a current ratio of 3.01 and a debt-to-equity ratio of 0.89. The firm has a market cap of $4,194.86, a PE ratio of -7.07, a price-to-earnings-growth ratio of 0.90 and a beta of 0.58.

A number of hedge funds have recently added to or reduced their stakes in EVHC. CIBC World Markets Inc. acquired a new position in Envision Healthcare during the 4th quarter worth approximately $208,000. Palisade Capital Management LLC NJ acquired a new position in Envision Healthcare during the 3rd quarter worth approximately $229,000. CENTRAL TRUST Co increased its position in Envision Healthcare by 79.7% during the 4th quarter. CENTRAL TRUST Co now owns 6,626 shares of the company’s stock worth $229,000 after purchasing an additional 2,939 shares in the last quarter. Alps Advisors Inc. acquired a new position in Envision Healthcare during the 4th quarter worth approximately $235,000. Finally, M&T Bank Corp increased its position in Envision Healthcare by 33.6% during the 4th quarter. M&T Bank Corp now owns 6,818 shares of the company’s stock worth $235,000 after purchasing an additional 1,716 shares in the last quarter.

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Envision Healthcare Company Profile

Envision Healthcare Holdings, Inc, formerly CDRT Holding Corporation, is a holding company. The Company, through its subsidiary, provides physician-led medical services in the United States. It operates in two segments: EmCare Holdings, Inc (EmCare) and American Medical Response, Inc (AMR). Its EmCare segment is a provider of integrated facility-based and post-acute care physician services to healthcare facilities in the United States.

Analyst Recommendations for Envision Healthcare (NYSE:EVHC)

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