RBC Capital analyst Frank Morgan maintained a Hold rating on Community Health (NYSE:CYH) on Friday, setting a price target of $8, which is approximately 10.21% below the present share price of $8.91.
Morgan expects Community Health to post earnings per share (EPS) of $0.98 for the first quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Hold rating of shares in Community Health, with an average price target of $8.4.
The analysts price targets range from a high of $12 to a low of $6.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $3.13 billion and a net profit of $278 million. The company's market cap is $1.07 billion.
According to TipRanks.com, RBC Capital analyst Frank Morgan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 20.9% and a 69.51% success rate.
Community Health Systems, Inc. engages in the management and operations of hospitals. It operates general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services. The company was founded in March 1985 and is headquartered in Franklin, TN.