Craig Hallum Reaffirms “Buy” Rating for Encompass Health (AMEX:EHC)
Craig Hallum reiterated their buy rating on shares of Encompass Health (AMEX:EHC) in a report issued on Monday morning, The Fly reports. The brokerage currently has a $76.00 target price on the stock, down from their previous target price of $81.00.
A number of other brokerages have also recently issued reports on EHC. BMO Capital Markets initiated coverage on Encompass Health in a report on Thursday, June 27th. They set an outperform rating and a $72.00 price objective on the stock. Zacks Investment Research cut Encompass Health from a hold rating to a sell rating in a report on Tuesday, July 30th. Barclays raised Encompass Health from an equal weight rating to an overweight rating and raised their price target for the company from $68.00 to $70.00 in a report on Thursday, May 30th. Royal Bank of Canada reaffirmed a buy rating on shares of Encompass Health in a report on Wednesday, August 7th. Finally, Piper Jaffray Companies set a $77.00 price target on Encompass Health and gave the company a buy rating in a report on Wednesday, July 31st. One investment analyst has rated the stock with a sell rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of $75.14.
Encompass Health has a 1 year low of $40.86 and a 1 year high of $59.29.
Encompass Health Company Profile
Encompass Health Corporation, formerly HealthSouth Corporation, is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies.
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