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

WBMD has been the subject of a number of recent research reports. BidaskClub upgraded shares of WebMD Health Corp from a “strong sell” rating to a “sell” rating in a report on Friday, June 23rd. Zacks Investment Research upgraded shares of WebMD Health Corp from a “hold” rating to a “buy” rating and set a $62.00 price objective for the company in a report on Tuesday, July 18th. SunTrust Banks, Inc. lowered shares of WebMD Health Corp from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $60.00 to $66.50 in a report on Tuesday, July 25th. Leerink Swann lowered shares of WebMD Health Corp from an “outperform” rating to a “market perform” rating and boosted their price objective for the stock from $60.00 to $66.50 in a report on Tuesday, July 25th. Finally, Raymond James Financial, Inc. restated a “market perform” rating and issued a $66.50 price objective on shares of WebMD Health Corp in a report on Tuesday, July 25th.

Institutional investors have recently modified their holdings of the business. Janus Capital Management LLC increased its position in WebMD Health Corp by 15.3% during the 1st 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 period. Envestnet Asset Management Inc. increased its position in WebMD Health Corp by 39.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,364 shares of the health services provider’s stock valued at $178,000 after purchasing an additional 954 shares during the period. Jana Partners LLC purchased a new position in WebMD Health Corp during the 1st quarter valued at $23,764,000. Geode Capital Management LLC increased its position in WebMD Health Corp by 3.8% during the 1st quarter. Geode Capital Management LLC now owns 297,709 shares of the health services provider’s stock valued at $15,683,000 after purchasing an additional 10,819 shares during the period. Finally, Karp Capital Management Corp purchased a new position in WebMD Health Corp during the 1st quarter valued at $227,000. 91.10% of the stock is currently owned by institutional investors and hedge funds.

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WebMD Health Corp (NASDAQ WBMD) traded up 0.06% during trading on Tuesday, hitting $66.44. 567,193 shares of the stock traded hands. The company has a 50-day moving average price of $65.99 and a 200-day moving average price of $57.59. 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 PE ratio of 34.02 and a beta of 0.79.

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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