Robert W. Baird restated their neutral rating on shares of Community Health Systems Inc. (NYSE:CYH) in a report released on Monday morning. They currently have a $12.00 target price on the stock.

Analyst Recommendations for Community Health Systems (NYSE:CYH)

CYH has been the topic of a number of other research reports. Raymond James Financial Inc. cut shares of Community Health Systems from a market perform rating to an underperform rating in a research note on Wednesday, June 1st. Susquehanna upgraded shares of Community Health Systems from a neutral rating to a positive rating and raised their target price for the stock from $10.78 to $18.00 in a research note on Wednesday, September 14th. Jefferies Group restated a hold rating on shares of Community Health Systems in a research note on Wednesday, August 10th. Credit Suisse Group AG began coverage on shares of Community Health Systems in a research note on Friday, July 29th. They set a neutral rating and a $14.00 target price on the stock. Finally, Barclays PLC restated a hold rating and set a $15.00 target price on shares of Community Health Systems in a research note on Friday, August 19th. Six analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of $16.32.

Shares of Community Health Systems (NYSE:CYH) opened at 11.09 on Monday. Community Health Systems has a one year low of $9.66 and a one year high of $40.55. The company’s market capitalization is $1.23 billion. The stock has a 50 day moving average of $11.05 and a 200-day moving average of $13.35.

Community Health Systems (NYSE:CYH) last released its earnings results on Tuesday, August 2nd. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by $0.47. Community Health Systems had a positive return on equity of 2.10% and a negative net margin of 7.55%. The firm had revenue of $4.59 billion for the quarter, compared to the consensus estimate of $4.53 billion. The business’s revenue for the quarter was down 6.0% on a year-over-year basis. On average, equities analysts expect that Community Health Systems will post $1.34 earnings per share for the current year.

Several hedge funds have recently added to or reduced their stakes in CYH. Acadian Asset Management LLC increased its stake in Community Health Systems by 57.1% in the first quarter. Acadian Asset Management LLC now owns 41,343 shares of the company’s stock valued at $766,000 after buying an additional 15,031 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in Community Health Systems during the first quarter valued at $2,082,000. TIAA CREF Investment Management LLC increased its stake in Community Health Systems by 11.8% in the first quarter. TIAA CREF Investment Management LLC now owns 374,989 shares of the company’s stock valued at $6,941,000 after buying an additional 39,566 shares during the last quarter. Teachers Advisors Inc. increased its stake in Community Health Systems by 6.1% in the first quarter. Teachers Advisors Inc. now owns 110,325 shares of the company’s stock valued at $2,042,000 after buying an additional 6,337 shares during the last quarter. Finally, Prudential Financial Inc. increased its stake in Community Health Systems by 41.8% in the first quarter. Prudential Financial Inc. now owns 222,696 shares of the company’s stock valued at $4,122,000 after buying an additional 65,600 shares during the last quarter. Hedge funds and other 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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