Encompass Health Corp (EHC) Given Consensus Rating of “Hold” by Brokerages

Shares of Encompass Health Corp (AMEX:EHC) have earned a consensus rating of “Hold” from the fourteen analysts that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $55.22.

A number of brokerages recently weighed in on EHC. SunTrust Banks set a $58.00 price objective on Encompass Health and gave the stock a “buy” rating in a research report on Thursday, December 21st. Zacks Investment Research upgraded Encompass Health from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research report on Tuesday, January 30th. Royal Bank of Canada restated a “buy” rating on shares of Encompass Health in a research report on Wednesday, November 15th. Wells Fargo & Co began coverage on Encompass Health in a research report on Tuesday, January 30th. They set a “market perform” rating and a $56.00 price objective on the stock. Finally, William Blair restated an “outperform” rating on shares of Encompass Health in a research report on Tuesday, November 21st.

Shares of Encompass Health (AMEX EHC) opened at $51.25 on Wednesday. The firm has a market capitalization of $5,040.00, a price-to-earnings ratio of 18.70, a P/E/G ratio of 1.70 and a beta of 0.49. Encompass Health has a 52-week low of $40.14 and a 52-week high of $54.13. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.89.

A number of institutional investors and hedge funds have recently made changes to their positions in EHC. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Encompass Health during the 4th quarter worth about $65,366,000. Eagle Asset Management Inc. acquired a new position in Encompass Health during the 4th quarter worth about $53,001,000. Carillon Tower Advisers Inc. acquired a new position in Encompass Health during the 4th quarter worth about $37,984,000. Copeland Capital Management LLC acquired a new position in Encompass Health during the 4th quarter worth about $28,117,000. Finally, Dalton Greiner Hartman Maher & Co. acquired a new position in Encompass Health during the 4th quarter worth about $16,395,000. 93.18% of the stock is currently owned by hedge funds and other institutional investors.

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Encompass Health Company Profile

Encompass Health Corporation, formerly HealthSouth Corporation, is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies.

Analyst Recommendations for Encompass Health (AMEX:EHC)

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