In a report released today, David S Macdonald from SunTrust Robinson reiterated a Hold rating on Tenet Healthcare (THC), with a price target of $23. The company’s shares opened today at $20.55.
According to TipRanks.com, Macdonald is a 5-star analyst with an average return of 12.0% and a 62.3% success rate. Macdonald covers the Services sector, focusing on stocks such as American Renal Associates Holdings Inc, Fresenius Medical Care Corp, and Walgreens Boots Alliance.
Currently, the analyst consensus on Tenet Healthcare is a Moderate Buy with an average price target of $28.70, representing a 39.7% upside. In a report issued on January 4, Barclays also maintained a Hold rating on the stock with a $20 price target.
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The company has a one-year high of $39.74 and a one-year low of $14.63. Currently, Tenet Healthcare has an average volume of 1.46M.
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Tenet Healthcare Corp. engages in the provision of health care services. Through its subsidiaries and affiliates, it owns and facilitates acute care hospitals, ambulatory surgery centers, diagnostic imaging centers, and related health care facilities.
