Craig Hallum Reaffirms Buy Rating for Encompass Health (EHC)

Craig Hallum reissued their buy rating on shares of Encompass Health (NYSE:EHC) in a research note issued to investors on Tuesday, The Fly reports. They currently have a $60.00 price target on the stock, up from their prior price target of $54.00.

Separately, Bank of America upgraded Encompass Health from an underperform rating to a neutral rating in a research report on Thursday, January 4th.

Shares of Encompass Health (EHC) traded up $0.84 during trading on Tuesday, hitting $50.51. The stock had a trading volume of 868,200 shares, compared to its average volume of 737,213. Encompass Health has a fifty-two week low of $38.24 and a fifty-two week high of $52.58. The stock has a market capitalization of $5,158.37, a P/E ratio of 18.37, a price-to-earnings-growth ratio of 1.81 and a beta of 0.54. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.89.

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About Encompass Health

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.

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