Community Health Systems Inc. (NYSE:CYH)‘s stock had its “neutral” rating reiterated by equities researchers at Robert W. Baird in a research note issued to investors on Monday. They currently have a $12.00 target price on the stock. Robert W. Baird’s target price suggests a potential upside of 8.21% from the company’s current price.

A number of other analysts also recently weighed in on the stock. Credit Suisse Group AG started coverage on shares of Community Health Systems in a research report on Friday, July 29th. They set a “neutral” rating and a $14.00 target price for the company. Zacks Investment Research downgraded shares of Community Health Systems from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 16th. Leerink Swann downgraded shares of Community Health Systems from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $21.00 to $13.00 in a research report on Tuesday, August 9th. Mizuho raised shares of Community Health Systems from an “underperform” rating to a “neutral” rating and set a $10.50 target price for the company in a research report on Friday, August 12th. Finally, Citigroup Inc. reduced their price objective on shares of Community Health Systems from $17.00 to $14.00 and set a “neutral” rating for the company in a research report on Friday, August 5th. Six research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $16.32.

Analyst Recommendations for Community Health Systems (NYSE:CYH)

Community Health Systems (NYSE:CYH) traded down 9.76% during mid-day trading on Monday, reaching $11.09. 17,185,635 shares of the company’s stock traded hands. The company has a 50 day moving average price of $11.05 and a 200-day moving average price of $13.35. Community Health Systems has a 12 month low of $9.66 and a 12 month high of $40.55. The stock’s market cap is $1.23 billion.

Community Health Systems (NYSE:CYH) last released its earnings results on Tuesday, August 2nd. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by $0.47. The firm had revenue of $4.59 billion for the quarter, compared to analyst estimates of $4.53 billion. Community Health Systems had a negative net margin of 7.55% and a positive return on equity of 2.10%. Community Health Systems’s revenue was down 6.0% on a year-over-year basis. On average, analysts anticipate that Community Health Systems will post $1.34 EPS for the current year.

Several large investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC raised its stake in shares of Community Health Systems by 57.1% in the first quarter. Acadian Asset Management LLC now owns 41,343 shares of the company’s stock valued at $766,000 after buying an additional 15,031 shares during the period. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of Community Health Systems during the first quarter valued at $2,082,000. TIAA CREF Investment Management LLC raised its stake in shares of Community Health Systems by 11.8% in the first quarter. TIAA CREF Investment Management LLC now owns 374,989 shares of the company’s stock valued at $6,941,000 after buying an additional 39,566 shares during the period. Teachers Advisors Inc. raised its stake in shares of Community Health Systems by 6.1% in the first quarter. Teachers Advisors Inc. now owns 110,325 shares of the company’s stock valued at $2,042,000 after buying an additional 6,337 shares during the period. Finally, Prudential Financial Inc. raised its stake in shares of Community Health Systems by 41.8% in the first quarter. Prudential Financial Inc. now owns 222,696 shares of the company’s stock valued at $4,122,000 after buying an additional 65,600 shares during the period. Institutional investors own 96.57% of the company’s stock.

About Community Health Systems

Community Health Systems, Inc is an operator of general acute care hospitals in communities. The Company provides healthcare services through the hospitals that it owns and operates and affiliated businesses in non-urban and selected urban markets throughout the United States. The Company operates through two segments: hospital operations and home care agencies operations.

5 Day Chart for NYSE:CYH

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