Cardinal Health, Inc. – Consensus ‘hold’ rating and -4.3% Downside Potential

Broker Ratings
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Cardinal Health, Inc. with ticker code (CAH) now have 12 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $109.00 and $88.00 and has a mean target at $98.58. Given that the stocks previous close was at $103.00 this is indicating there is a potential downside of -4.3%. It’s also worth noting that there is a 50 day moving average of $90.92 and the 200 day moving average is $85.33. The company has a market cap of 25.21B. The stock price for the company is currently $102.27 USD

The potential market cap would be $24,124,614,594 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 167.66, revenue per share of $822.59 and a 2.77% return on assets.

Cardinal Health, Inc. is a globally integrated healthcare services and products company. The Company is focused on providing customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices and patients in the home. The Company also provides pharmaceuticals and medical products and solutions. The Company’s segments include Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical and over-the-counter healthcare and consumer products in the United States. The Medical segment manufactures, sources and distributes Cardinal Health branded medical, surgical and laboratory products, which are sold in the United States, Canada, Europe, Asia and other markets. The Company connects patients, providers, payers, pharmacists and manufacturers for integrated care coordination and patient management.

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