Raymond James analyst John Ransom maintained a Buy rating on Premier Inc (NASDAQ: PINC) today and set a price target of $49. The company’s shares closed yesterday at $43.95, close to its 52-week high of $45.31.
According to TipRanks.com, Ransom is a 5-star analyst with an average return of 14.2% and a 68.4% success rate. Ransom covers the Services sector, focusing on stocks such as Walgreens Boots Alliance, Addus Homecare Corp, and Envision Healthcare.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Premier Inc with a $44.57 average price target, representing a 1.4% upside. In a report released yesterday, Oppenheimer also reiterated a Buy rating on the stock with a $48 price target.
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The company has a one-year high of $45.31 and a one-year low of $27.16. Currently, Premier Inc has an average volume of 659K.
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Premier, Inc. operates as a holding company with interests in health services. It specializes in data and analytics, supply chain solutions, advisory and other services. It operates through the Supply Chain Services, and Performance Services segments.
