SunTrust Robinson Reaffirms Their Buy Rating on The Ensign Group (ENSG)


SunTrust Robinson analyst Eric Fleming reiterated a Buy rating on The Ensign Group (NASDAQ: ENSG) on August 3 and set a price target of $41. The company’s shares closed on Friday at $35.05.

According to TipRanks.com, Fleming is a 4-star analyst with an average return of 9.6% and a 73.0% success rate. Fleming covers the Financial sector, focusing on stocks such as National Health Investors, Physicians Realty Trust, and Sabra Healthcare REIT.

The Ensign Group has an analyst consensus of Strong Buy, with a price target consensus of $39.67, representing a 13.2% upside. In a report issued on July 30, Cantor Fitzgerald also maintained a Buy rating on the stock with a $42 price target.

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Based on The Ensign Group’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $22.01 million. In comparison, last year the company had a net profit of $12.22 million.

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The Ensign Group, Inc. engages in the provision of healthcare services, as well as urgent care centers and mobile ancillary businesses. It operates through the following segments: Transitional and Skilled Services, Assisted and Independent Living Services, and Home Health and Hospice Services.

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