ValuEngine downgraded shares of Envision Healthcare (NYSE:EVHC) from a buy rating to a hold rating in a research report sent to investors on Friday morning.
EVHC has been the topic of a number of other research reports. Citigroup lowered Envision Healthcare from a buy rating to a neutral rating and set a $31.00 target price on the stock. in a research note on Thursday, November 2nd. Mizuho set a $35.00 target price on Envision Healthcare and gave the stock a hold rating in a research note on Wednesday, January 24th. Bank of America reduced their target price on Envision Healthcare from $72.00 to $60.00 and set a buy rating on the stock in a research note on Monday, October 9th. Piper Jaffray Companies assumed coverage on Envision Healthcare in a research note on Wednesday, December 13th. They issued a neutral rating and a $35.00 target price on the stock. Finally, KeyCorp reduced their target price on Envision Healthcare from $67.00 to $37.00 and set an overweight rating on the stock in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of $41.50.
Shares of Envision Healthcare (NYSE:EVHC) opened at $33.78 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.01 and a quick ratio of 3.00. Envision Healthcare has a 52 week low of $23.77 and a 52 week high of $73.00. The firm has a market capitalization of $4,230.00, a price-to-earnings ratio of -22.67, a price-to-earnings-growth ratio of 0.91 and a beta of 0.57.
Institutional investors have recently made changes to their positions in the company. CIBC World Markets Inc. purchased a new position in shares of Envision Healthcare during the fourth quarter valued at $208,000. Palisade Capital Management LLC NJ purchased a new position in Envision Healthcare in the third quarter valued at about $229,000. CENTRAL TRUST Co grew its stake in Envision Healthcare by 79.7% in the fourth quarter. CENTRAL TRUST Co now owns 6,626 shares of the company’s stock valued at $229,000 after purchasing an additional 2,939 shares during the last quarter. Alps Advisors Inc. purchased a new position in Envision Healthcare in the fourth quarter valued at about $235,000. Finally, Parametrica Management Ltd purchased a new position in Envision Healthcare in the fourth quarter valued at about $236,000.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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