Tenet Healthcare Given New $46.00 Price Target at UBS AG (THC)
Tenet Healthcare (NYSE: THC) had its price target increased by UBS AG from $41.00 to $46.00 in a research report released on Tuesday morning. UBS AG currently has a neutral rating on the stock.
A number of other firms have also recently commented on THC. Analysts at Deutsche Bank reiterated a buy rating on shares of Tenet Healthcare in a research note to investors on Friday, March 8th. They now have a $46.00 price target on the stock. Separately, analysts at CRT Capital upgraded shares of Tenet Healthcare from a fair value rating to a buy rating in a research note to investors on Friday, March 8th. They now have a $51.00 price target on the stock. Finally, analysts at RBC Capital raised their price target on shares of Tenet Healthcare from $20.00 to $38.00 in a research note to investors on Thursday, March 7th. They now have a sector perform rating on the stock.
Tenet Healthcare opened at 44.16 on Tuesday. Tenet Healthcare has a 1-year low of $17.24 and a 1-year high of $44.33. The stock’s 50-day moving average is currently $39.7. The company has a market cap of $4.605 billion and a price-to-earnings ratio of 34.07.
Tenet Healthcare Corporation, and its subsidiaries (Tenet) is an investor-owned health care services company whose subsidiaries and affiliates own and operate acute care hospitals, ambulatory surgery centers, diagnostic imaging centers and related health care facilities.
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