Canaccord Genuity analyst Richard Close maintained a Buy rating on AdaptHealth (AHCO) yesterday and set a price target of $44.00. The company’s shares closed last Thursday at $25.41.
According to TipRanks.com, Close is a 5-star analyst with an average return of 26.0% and a 60.1% success rate. Close covers the Technology sector, focusing on stocks such as Castlight Health, Health Catalyst, and HealthStream.
Currently, the analyst consensus on AdaptHealth is a Strong Buy with an average price target of $41.80.
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AdaptHealth’s market cap is currently $3.28B and has a P/E ratio of -23.70. The company has a Price to Book ratio of -4.89.
Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is neutral on the stock.
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AdaptHealth Corp. provides medical products for both rental and sale. It focuses on respiratory and/or mobility equipment, including CPAP sleep equipment, oxygen equipment, wheelchairs, walkers, and hospital beds. The company was founded in 2012 and is headquartered in Plymouth Meeting, PA.