Community Health Systems Inc. (NYSE:CYH)‘s stock had its “hold” rating reissued by research analysts at Cantor Fitzgerald in a research report issued on Monday. They presently have a $7.00 price objective on the stock. Cantor Fitzgerald’s price objective suggests a potential upside of 28.91% from the company’s previous close.

Other research analysts have also issued reports about the company. Vetr lowered Community Health Systems from a “strong-buy” rating to a “hold” rating and set a $11.75 price target on the stock. in a research report on Monday, October 3rd. Mizuho lowered Community Health Systems from a “neutral” rating to an “underperform” rating in a research report on Thursday, October 27th. Wolfe Research assumed coverage on Community Health Systems in a research report on Tuesday, October 25th. They issued a “market perform” rating on the stock. Susquehanna restated a “positive” rating and issued a $10.00 price target (down from $18.00) on shares of Community Health Systems in a research report on Sunday, November 6th. Finally, Credit Suisse Group AG assumed coverage on Community Health Systems in a research report on Friday, July 29th. They issued a “neutral” rating and a $14.00 price target on the stock. Nine equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and three have assigned a buy rating to the stock. Community Health Systems currently has a consensus rating of “Hold” and a consensus target price of $13.43.

Analyst Recommendations for Community Health Systems (NYSE:CYH)

Shares of Community Health Systems (NYSE:CYH) traded up 0.18% on Monday, reaching $5.44. The company’s stock had a trading volume of 225,065 shares. The stock’s market cap is $603.25 million. Community Health Systems has a 1-year low of $4.15 and a 1-year high of $24.91. The company’s 50 day moving average is $8.83 and its 200-day moving average is $11.71.

In other news, major shareholder Tian Qiao Chen acquired 929,813 shares of Community Health Systems stock in a transaction dated Monday, September 26th. The stock was bought at an average price of $10.27 per share, for a total transaction of $9,549,179.51. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.60% of the company’s stock.

Several large investors have recently modified their holdings of the company. PNC Financial Services Group Inc. boosted its stake in shares of Community Health Systems by 20.9% in the third quarter. PNC Financial Services Group Inc. now owns 8,738 shares of the company’s stock valued at $101,000 after buying an additional 1,510 shares during the period. Commonwealth Bank of Australia bought a new stake in shares of Community Health Systems during the second quarter valued at about $112,000. Advisors Asset Management Inc. boosted its stake in shares of 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 period. Acrospire Investment Management LLC bought a new stake in shares of Community Health Systems during the second quarter valued at about $131,000. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Community Health Systems by 282.7% in the second quarter. Tower Research Capital LLC TRC now owns 11,301 shares of the company’s stock valued at $136,000 after buying an additional 8,348 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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