Community Health Systems Inc. (NYSE:CYH) was downgraded by research analysts at Vetr from a “strong-buy” rating to a “hold” rating in a report released on Monday. They currently have a $12.50 price target on the stock. Vetr‘s price objective would indicate a potential upside of 16.17% from the company’s current price.

A number of other equities analysts have also commented on the stock. Credit Suisse Group AG initiated coverage on shares of Community Health Systems in a research report on Friday, July 29th. They set a “neutral” rating and a $14.00 price target on the stock. Zacks Investment Research lowered shares of Community Health Systems from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 16th. Leerink Swann lowered shares of Community Health Systems from an “outperform” rating to a “market perform” rating and lowered their price target for the stock 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 price target on the stock in a research report on Friday, August 12th. Finally, Citigroup Inc. lowered their price target on shares of Community Health Systems from $17.00 to $14.00 and set a “neutral” rating on the stock 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 given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $16.32.

Analyst Recommendations for Community Health Systems (NYSE:CYH)

Community Health Systems (NYSE:CYH) opened at 10.76 on Monday. The firm’s market capitalization is $1.19 billion. Community Health Systems has a 12 month low of $9.66 and a 12 month high of $40.55. The stock’s 50 day moving average is $11.00 and its 200-day moving average is $13.33.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State Treasurer State of Michigan raised its position in Community Health Systems by 0.7% in the second quarter. State Treasurer State of Michigan now owns 45,294 shares of the company’s stock valued at $546,000 after buying an additional 300 shares during the last quarter. Chicago Equity Partners LLC raised its position in Community Health Systems by 1.1% in the second quarter. Chicago Equity Partners LLC now owns 54,885 shares of the company’s stock valued at $661,000 after buying an additional 580 shares during the last quarter. Globeflex Capital L P raised its position in Community Health Systems by 3.0% in the second quarter. Globeflex Capital L P now owns 31,034 shares of the company’s stock valued at $374,000 after buying an additional 891 shares during the last quarter. Advisors Asset Management Inc. raised its position in Community Health Systems by 9.6% in the second quarter. Advisors Asset Management Inc. now owns 10,750 shares of the company’s stock valued at $130,000 after buying an additional 939 shares during the last quarter. Finally, Teacher Retirement System of Texas raised its position in Community Health Systems by 8.9% in the second quarter. Teacher Retirement System of Texas now owns 15,806 shares of the company’s stock valued at $190,000 after buying an additional 1,287 shares during the last quarter. Hedge funds and other institutional investors own 96.57% of the company’s stock.

Community Health Systems Company Profile

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

To view Vetr’s full report, visit Vetr’s official website.

Receive News & Ratings for Community Health Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Community Health Systems Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.