Encompass Health (AMEX:EHC) Price Target Increased to $89.00 by Analysts at Credit Suisse Group

Encompass Health (AMEX:EHC) had its price objective increased by Credit Suisse Group from $77.00 to $89.00 in a research report sent to investors on Wednesday morning, The Fly reports. The firm currently has an outperform rating on the stock.

A number of other research analysts have also recently issued reports on the stock. Wells Fargo & Co cut shares of Encompass Health from a market perform rating to an underperform rating and set a $68.00 target price for the company. in a report on Wednesday, December 11th. Stephens initiated coverage on shares of Encompass Health in a report on Monday, October 21st. They issued an overweight rating and a $77.00 target price for the company. Zacks Investment Research raised shares of Encompass Health from a hold rating to a buy rating and set a $78.00 target price for the company in a report on Tuesday, December 31st. Jefferies Financial Group increased their target price on shares of Encompass Health from to in a report on Monday. Finally, UBS Group increased their target price on shares of Encompass Health from $80.00 to $87.00 and gave the company a buy rating in a report on Friday, January 10th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and twelve have given a buy rating to the stock. Encompass Health has a consensus rating of Buy and an average target price of $78.71.

Encompass Health has a 1-year low of $40.86 and a 1-year high of $59.29.

Encompass Health (AMEX:EHC) last posted its quarterly earnings results on Monday, October 28th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.04. The firm had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.15 billion. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.91 earnings per share.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd were given a $0.28 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.12 annualized dividend and a dividend yield of ∞.

About Encompass Health

Encompass Health Corporation, formerly HealthSouth Corporation, is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies.

Read More: Price to Earnings Ratio (PE) Basics

The Fly

Analyst Recommendations for Encompass Health (AMEX:EHC)

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