WebMD Health Corp (NASDAQ:WBMD) has earned an average rating of “Hold” from the twelve ratings firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $63.19.

A number of analysts have weighed in on WBMD shares. Zacks Investment Research raised shares of WebMD Health Corp from a “hold” rating to a “buy” rating and set a $62.00 target price on the stock in a research note on Tuesday, July 18th. BidaskClub upgraded shares of WebMD Health Corp from a “strong sell” rating to a “sell” rating in a report on Friday, June 23rd. Citigroup Inc. lowered shares of WebMD Health Corp from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $62.00 to $66.50 in a report on Wednesday, July 26th. Raymond James Financial, Inc. reiterated a “market perform” rating and set a $66.50 price target on shares of WebMD Health Corp in a report on Tuesday, July 25th. Finally, SunTrust Banks, Inc. lowered shares of WebMD Health Corp from a “buy” rating to a “hold” rating and lifted their price target for the stock from $60.00 to $66.50 in a report on Tuesday, July 25th.

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A number of institutional investors have recently added to or reduced their stakes in the stock. Janus Capital Management LLC raised its position in WebMD Health Corp by 15.3% in 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 buying an additional 158,534 shares during the last quarter. Adams Diversified Equity Fund Inc. raised its position in WebMD Health Corp by 3.1% in the first quarter. Adams Diversified Equity Fund Inc. now owns 19,900 shares of the health services provider’s stock valued at $1,048,000 after buying an additional 600 shares during the last quarter. Envestnet Asset Management Inc. raised its position in WebMD Health Corp by 39.6% in the first quarter. Envestnet Asset Management Inc. now owns 3,364 shares of the health services provider’s stock valued at $178,000 after buying an additional 954 shares during the last quarter. Jana Partners LLC purchased a new position in WebMD Health Corp during the first quarter valued at about $23,764,000. Finally, Asset Management One Co. Ltd. purchased a new position in WebMD Health Corp during the first quarter valued at about $148,000. Institutional investors and hedge funds own 92.14% of the company’s stock.

WebMD Health Corp (WBMD) opened at 66.24 on Friday. The stock has a 50 day moving average price of $61.01 and a 200 day moving average price of $55.29. WebMD Health Corp has a one year low of $48.10 and a one year high of $66.45. The firm has a market capitalization of $2.42 billion, a P/E ratio of 33.92 and a beta of 0.78.

About WebMD Health Corp

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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