SunTrust Banks Increases Envision Healthcare (EVHC) Price Target to $45.00
Envision Healthcare (NYSE:EVHC) had its price objective lifted by SunTrust Banks to $45.00 in a report issued on Thursday, The Fly reports. The brokerage currently has a “buy” rating on the stock. SunTrust Banks’ price target would indicate a potential upside of 12.36% from the company’s current price.
A number of other equities research analysts have also weighed in on EVHC. Robert W. Baird set a $45.00 price objective on shares of Envision Healthcare and gave the company a “buy” rating in a report on Monday, February 26th. Cantor Fitzgerald boosted their price objective on shares of Envision Healthcare from $37.00 to $40.00 and gave the company a “neutral” rating in a report on Wednesday. Canaccord Genuity reissued a “buy” rating and set a $46.00 price objective (up from $32.00) on shares of Envision Healthcare in a report on Wednesday. KeyCorp dropped their price objective on shares of Envision Healthcare from $67.00 to $37.00 and set an “overweight” rating on the stock in a report on Thursday, November 2nd. Finally, Stephens restated a “hold” rating and set a $34.00 target price on shares of Envision Healthcare in a research report on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $42.03.
Shares of Envision Healthcare (NYSE:EVHC) opened at $40.05 on Thursday. The firm has a market cap of $4,840.00, a price-to-earnings ratio of 18.71, a PEG ratio of 0.99 and a beta of 0.48. The company has a current ratio of 3.01, a quick ratio of 3.00 and a debt-to-equity ratio of 0.89. Envision Healthcare has a 1-year low of $23.77 and a 1-year high of $69.21.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. CIBC World Markets Inc. acquired a new position in shares of Envision Healthcare in the fourth quarter worth about $208,000. OLD Mutual Customised Solutions Proprietary Ltd. raised its position in shares of Envision Healthcare by 88.2% in the fourth quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 6,401 shares of the company’s stock worth $221,000 after acquiring an additional 3,000 shares during the period. Palisade Capital Management LLC NJ acquired a new position in shares of Envision Healthcare in the third quarter worth about $229,000. CENTRAL TRUST Co raised its position in shares of Envision Healthcare by 79.7% in the fourth quarter. CENTRAL TRUST Co now owns 6,626 shares of the company’s stock worth $229,000 after acquiring an additional 2,939 shares during the period. Finally, M&T Bank Corp raised its position in shares of Envision Healthcare by 33.6% in the fourth quarter. M&T Bank Corp now owns 6,818 shares of the company’s stock worth $235,000 after acquiring an additional 1,716 shares during the period.
About Envision Healthcare
Envision Healthcare Holdings, Inc, formerly CDRT Holding Corporation, is a holding company. The Company, through its subsidiary, provides physician-led medical services in the United States. It operates in two segments: EmCare Holdings, Inc (EmCare) and American Medical Response, Inc (AMR). Its EmCare segment is a provider of integrated facility-based and post-acute care physician services to healthcare facilities in the United States.
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