Community Health Systems with ticker code (CYH) now have 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 21 and 13 and has a mean target at 16.83. Given that the stocks previous close was at 12.31 this now indicates there is a potential upside of 36.7%. The 50 day moving average now sits at 12.04 and the 200 moving average now moves to 12.8. The market cap for the company is $1,617m. You can visit the company’s website by visiting: https://www.chs.net
The potential market cap would be $2,211m based on the market concensus.
Community Health Systems owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services. The company also provides outpatient services at primary care practices, urgent care centers, free-standing emergency departments, ambulatory surgery centers, imaging and diagnostic centers, retail clinics, and direct-to-consumer virtual health visits. As of December 31, 2021, it owned or leased 83 hospitals, including 81 general acute care hospitals and two stand-alone rehabilitation or psychiatric hospitals with an aggregate of 13,289 licensed beds. The company was founded in 1985 and is headquartered in Franklin, Tennessee.