In a report released today, Frank Morgan from RBC Capital reiterated a Buy rating on Select Medical (NYSE: SEM), with a price target of $24. The company’s shares opened today at $20.15.
According to TipRanks.com, Morgan is a 5-star analyst with an average return of 16.2% and a 67.6% success rate. Morgan covers the Services sector, focusing on stocks such as Encompass Health Corporation, Fresenius Medical Care Corp, and Envision Healthcare.
Currently, the analyst consensus on Select Medical is a Moderate Buy with an average price target of $24.
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The company has a one-year high of $21.65 and a one-year low of $15.85. Currently, Select Medical has an average volume of 533.2K.
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock.
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Select Medical Holdings Corp. engages in the provision of medical rehabilitation services. It operates through the following segments: Specialty Hospitals, Outpatient Rehabilitation and Concentra. The Specialty Hospitals segment involves in providing long term acute care hospital services and inpatient acute rehabilitative hospital care.
