Zacks: Analysts Set $3.00 Target Price for Concord Medical Services Hldg Ltd (CCM)
Shares of Concord Medical Services Hldg Ltd (NYSE:CCM) have been given a consensus broker rating score of 3.70 (Sell) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a sell rating.
Brokerages have set a twelve-month consensus price target of $3.00 for the company and are predicting that the company will post $0.02 earnings per share for the current quarter, according to Zacks. Zacks has also given Concord Medical Services an industry rank of 233 out of 255 based on the ratings given to related companies.
Separately, Zacks Investment Research downgraded shares of Concord Medical Services from a “hold” rating to a “sell” rating in a research note on Wednesday, June 27th.
About Concord Medical Services
Concord Medical Services Holdings Limited, through its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers in the People's Republic of China. The company's services comprise linear accelerators external beam radiotherapy, gamma knife radiosurgery, head gamma knife systems, body gamma knife systems, CyberKnife robotic radiosurgery system, proton beam therapy systems, and diagnostic imaging services.
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