Park Dental Partners (NASDAQ:PARK) Trading Up 2.7% – Should You Buy?

Park Dental Partners, Inc. (NASDAQ:PARK) shares rose 2.7% during mid-day trading on Thursday . The company traded as high as $18.55 and last traded at $17.30. Approximately 57,967 shares changed hands during mid-day trading, an increase of 39% from the average daily volume of 41,598 shares. The stock had previously closed at $16.84.

Analysts Set New Price Targets

Several analysts recently commented on the company. Wall Street Zen raised Park Dental Partners to a “hold” rating in a research note on Monday, December 15th. Zacks Research upgraded shares of Park Dental Partners to a “hold” rating in a research note on Tuesday, January 6th. Northland Securities started coverage on shares of Park Dental Partners in a report on Monday, January 5th. They issued an “outperform” rating and a $21.50 target price on the stock. Finally, Craig Hallum began coverage on shares of Park Dental Partners in a report on Tuesday, January 6th. They set a “buy” rating and a $22.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $21.75.

Park Dental Partners Stock Up 2.7%

Park Dental Partners Company Profile

Park Dental Partners (NASDAQ: PARK) is a dental support organization that provides business and administrative services to affiliated dental practices. The company focuses on enabling dental clinicians to concentrate on patient care by delivering centralized non-clinical functions that support day-to-day operations and practice growth.

Services typically offered by Park Dental Partners include practice management, billing and revenue cycle management, procurement and supply-chain support, information technology, human resources, marketing and patient acquisition, and regulatory and compliance assistance.