HCA Healthcare Inc (HCA) Receives a Buy from Cantor Fitzgerald


In a report released today, Joseph France from Cantor Fitzgerald maintained a Buy rating on HCA Healthcare Inc (NYSE: HCA), with a price target of $135. The company’s shares opened today at $130.80, close to its 52-week high of $132.57.

France observed:

“We rate HCA Overweight. Despite weaker results at other providers, particularly smaller, rural names, HCA has continued to report better than average volume and profitability, reflect its larger urban hospitals and more sophisticated case load. 12-month price target of $135 is based on a blend of DCF and Comparables analysis. Our valuation is under review.”

According to TipRanks.com, France is a 5-star analyst with an average return of 12.9% and a 64.7% success rate. France covers the Services sector, focusing on stocks such as Cross Country Healthcare, Five Star Quality Care, and US Physical Therapy.

HCA Healthcare Inc has an analyst consensus of Strong Buy, with a price target consensus of $136.40.

See today’s analyst top recommended stocks >>

HCA Healthcare Inc’s market cap is currently $45.7B and has a P/E ratio of 16.60. The company has a Price to Book ratio of -7.63.

Based on the recent corporate insider activity of 127 insiders, corporate insider sentiment is negative on the stock.

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HCA Healthcare, Inc. is a health care services company, which engages in operating hospitals, freestanding surgery centers and emergency rooms, and urgent care centers. It offers a full range of services to accommodate such medical specialties as internal medicine, general surgery, cardiology, oncology, neurosurgery, orthopedics and obstetrics, as well as diagnostic and emergency services. The company was founded on November 22, 2010 and is headquartered in Nashville, TN.

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