Amedisys (NASDAQ:AMED) was upgraded by equities researchers at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued on Wednesday.

A number of other equities analysts have also recently weighed in on the stock. Royal Bank of Canada reissued a “hold” rating on shares of Amedisys in a research report on Monday, October 23rd. Robert W. Baird lifted their price target on shares of Amedisys from $50.00 to $60.00 and gave the stock a “neutral” rating in a research report on Friday, November 10th. Jefferies Group reissued a “buy” rating and set a $60.00 price target on shares of Amedisys in a research report on Thursday, October 12th. SunTrust Banks reissued a “buy” rating and set a $70.00 price target on shares of Amedisys in a research report on Friday, November 10th. Finally, William Blair reissued an “outperform” rating on shares of Amedisys in a research report on Tuesday, November 21st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company. Amedisys currently has an average rating of “Hold” and a consensus target price of $60.64.

Amedisys (NASDAQ:AMED) opened at $55.24 on Wednesday. The firm has a market cap of $1,905.89, a price-to-earnings ratio of 26.87, a PEG ratio of 1.17 and a beta of 0.73. Amedisys has a 52-week low of $45.32 and a 52-week high of $65.91. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.16.

Several large investors have recently modified their holdings of the stock. LS Investment Advisors LLC raised its holdings in shares of Amedisys by 233.1% during the fourth quarter. LS Investment Advisors LLC now owns 3,564 shares of the health services provider’s stock worth $188,000 after acquiring an additional 2,494 shares during the period. Swiss National Bank raised its holdings in shares of Amedisys by 3.2% during the fourth quarter. Swiss National Bank now owns 49,000 shares of the health services provider’s stock worth $2,583,000 after acquiring an additional 1,500 shares during the period. California Public Employees Retirement System raised its holdings in shares of Amedisys by 12.3% during the fourth quarter. California Public Employees Retirement System now owns 72,773 shares of the health services provider’s stock worth $3,836,000 after acquiring an additional 7,988 shares during the period. Teacher Retirement System of Texas acquired a new stake in shares of Amedisys during the fourth quarter worth $523,000. Finally, Crossmark Global Holdings Inc. raised its holdings in shares of Amedisys by 62.8% during the fourth quarter. Crossmark Global Holdings Inc. now owns 9,929 shares of the health services provider’s stock worth $523,000 after acquiring an additional 3,830 shares during the period. Institutional investors and hedge funds own 94.97% of the company’s stock.

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About Amedisys

Amedisys, Inc is a healthcare services company. The Company’s segments are Home Health, Hospice, Personal Care and Other. The Company is a provider of home health, hospice and personal care services. As of December 31, 2016, the Company owned and operated 327 Medicare-certified home healthcare centers, 79 Medicare-certified hospice care centers and 14 personal-care care centers in 34 states within the United States and the District of Columbia.

Analyst Recommendations for Amedisys (NASDAQ:AMED)

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