Shares of Community Health Systems Inc. (NYSE:CYH) rose 4.5% on Monday . The stock traded as high as $10.53 and last traded at $10.52, with a volume of 1,484,279 shares trading hands. The stock had previously closed at $10.07.

CYH has been the topic of several research analyst reports. Barclays PLC reiterated a “hold” rating and set a $15.00 price target on shares of Community Health Systems in a research note on Friday, August 19th. Raymond James Financial Inc. cut Community Health Systems from a “market perform” rating to an “underperform” rating in a report on Wednesday, June 1st. Morgan Stanley cut Community Health Systems from an “equal weight” rating to an “underweight” rating and set a $15.00 price objective for the company. in a report on Tuesday, May 24th. Credit Suisse Group AG started coverage on Community Health Systems in a report on Friday, July 29th. They issued a “neutral” rating and a $14.00 price objective for the company. Finally, Leerink Swann raised Community Health Systems from a “market perform” rating to an “outperform” rating in a report on Wednesday, May 4th. Six investment analysts have rated the stock with a sell rating, seventeen have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $17.89.

The company’s market cap is $1.17 billion. The stock has a 50-day moving average price of $11.80 and a 200-day moving average price of $13.50.

Community Health Systems (NYSE:CYH) last announced its quarterly earnings results on Tuesday, August 2nd. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by $0.47. The company had revenue of $4.59 billion for the quarter, compared to analysts’ expectations of $4.53 billion. Community Health Systems’s revenue was down 6.0% compared to the same quarter last year. On average, equities research analysts expect that Community Health Systems Inc. will post $1.35 EPS for the current year.

In other Community Health Systems news, Director H Mitchell Watson, Jr. sold 5,600 shares of the business’s stock in a transaction on Monday, June 13th. The shares were sold at an average price of $13.42, for a total value of $75,152.00. Following the transaction, the director now owns 6,509 shares in the company, valued at approximately $87,350.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Community Health Systems, Inc is a hospital company and an operator of acute care hospitals in communities across the United States. The Company provides healthcare services through the hospitals that it owns and operates in non-urban and selected urban markets throughout the United States. It operates in two operating segments: hospital operations and home care agencies operations.

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