Shares of WebMD Health Corp (NASDAQ:WBMD) have been given a consensus recommendation of “Hold” by the eleven research firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $65.07.

A number of equities research analysts recently issued reports on WBMD shares. Zacks Investment Research upgraded shares of WebMD Health Corp from a “hold” rating to a “buy” rating and set a $74.00 target price for the company in a report on Thursday, August 17th. Citigroup Inc. downgraded WebMD Health Corp from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $62.00 to $66.50 in a report on Wednesday, July 26th. BidaskClub lowered WebMD Health Corp from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 24th. Raymond James Financial, Inc. lowered WebMD Health Corp from an “outperform” rating to a “mkt perform” rating in a research report on Wednesday, July 26th. Finally, SunTrust Banks, Inc. cut WebMD Health Corp from a “buy” rating to a “hold” rating and lifted their target price for the company from $60.00 to $66.50 in a report on Tuesday, July 25th.

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WebMD Health Corp (NASDAQ WBMD) traded up 0.02% during midday trading on Friday, hitting $66.48. 3,214,195 shares of the stock were exchanged. The firm has a 50 day moving average of $66.35 and a 200-day moving average of $58.11. WebMD Health Corp has a 12-month low of $48.10 and a 12-month high of $66.57. The stock has a market cap of $2.43 billion, a price-to-earnings ratio of 34.04 and a beta of 0.79.

A number of hedge funds and other institutional investors have recently made changes to their positions in WBMD. Blue Harbour Group L.P. lifted its stake in WebMD Health Corp by 87.2% during the first quarter. Blue Harbour Group L.P. now owns 3,361,336 shares of the health services provider’s stock worth $177,075,000 after purchasing an additional 1,565,422 shares during the last quarter. Vanguard Group Inc. boosted its stake in WebMD Health Corp by 4.2% in the second quarter. Vanguard Group Inc. now owns 3,066,382 shares of the health services provider’s stock valued at $179,843,000 after acquiring an additional 123,295 shares during the period. State Street Corp grew its holdings in shares of WebMD Health Corp by 4.0% during the second quarter. State Street Corp now owns 1,238,715 shares of the health services provider’s stock valued at $72,653,000 after purchasing an additional 47,603 shares during the last quarter. Janus Capital Management LLC grew its holdings in shares of WebMD Health Corp by 15.3% during the first quarter. Janus Capital Management LLC now owns 1,195,632 shares of the health services provider’s stock valued at $62,986,000 after purchasing an additional 158,534 shares during the last quarter. Finally, Eagle Asset Management Inc. grew its holdings in shares of WebMD Health Corp by 1.5% during the second quarter. Eagle Asset Management Inc. now owns 1,116,210 shares of the health services provider’s stock valued at $65,465,000 after purchasing an additional 16,877 shares during the last quarter. Hedge funds and other institutional investors own 90.99% of the company’s stock.

WebMD Health Corp Company Profile

WebMD Health Corp. is a provider of health information services. The Company provides its services to consumers, physicians and other healthcare professionals through its Websites, mobile applications and health-focused publications. Advertisers and sponsors use The WebMD Health Network to reach and engage healthcare professionals and consumers who are interested in healthy living, wellness, diseases and conditions, and other health-related topics.

Analyst Recommendations for WebMD Health Corp (NASDAQ:WBMD)

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