LHC Group (LHCG) Received its Third Buy in a Row


After SunTrust Robinson and Oppenheimer gave LHC Group (NASDAQ: LHCG) a Buy rating last month, the company received another Buy, this time from Jefferies. Analyst Brian Tanquilut reiterated a Buy rating on LHC Group yesterday and set a price target of $120. The company’s shares closed yesterday at $93.58, close to its 52-week high of $93.97.

According to TipRanks.com, Tanquilut is a 4-star analyst with an average return of 5.8% and a 55.0% success rate. Tanquilut covers the Services sector, focusing on stocks such as AmerisourceBergen Corporation, Walgreens Boots Alliance, and Quest Diagnostics Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for LHC Group with a $100.33 average price target, representing a 7.2% upside. In a report issued on August 1, Oppenheimer also maintained a Buy rating on the stock with a $110 price target.

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The company has a one-year high of $93.97 and a one-year low of $58.55. Currently, LHC Group has an average volume of 268.8K.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock.

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LHC Group, Inc. provides post-acute health care services to patients through its home nursing agencies, hospices and long-term acute care hospitals. The company operates through the following business segments: Home Health Services, Hospice Services, Community-Based Services and Facility-Based Services.

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