Bank of America Raises Concentra Group Holdings Parent (NYSE:CON) Price Target to $25.00

Concentra Group Holdings Parent (NYSE:CON) had its target price upped by Bank of America from $24.00 to $25.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Bank of America‘s price target would suggest a potential upside of 12.92% from the stock’s current price.

Separately, Royal Bank of Canada lowered their price target on Concentra Group Holdings Parent from $33.00 to $30.00 and set an “outperform” rating for the company in a report on Monday, November 4th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, Concentra Group Holdings Parent currently has a consensus rating of “Buy” and a consensus price target of $28.63.

Concentra Group Holdings Parent Trading Down 0.7 %

CON stock opened at $22.14 on Thursday. Concentra Group Holdings Parent has a twelve month low of $18.89 and a twelve month high of $24.81. The stock has a fifty day simple moving average of $20.71. The company has a debt-to-equity ratio of 5.20, a quick ratio of 1.52 and a current ratio of 1.52.

Concentra Group Holdings Parent (NYSE:CON) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. The company had revenue of $489.64 million during the quarter, compared to analysts’ expectations of $492.61 million. The firm’s revenue was up 3.3% on a year-over-year basis. Analysts forecast that Concentra Group Holdings Parent will post 1.47 EPS for the current year.

Hedge Funds Weigh In On Concentra Group Holdings Parent

Several institutional investors have recently bought and sold shares of CON. Nisa Investment Advisors LLC bought a new stake in Concentra Group Holdings Parent during the 4th quarter valued at $59,000. GAMMA Investing LLC purchased a new stake in shares of Concentra Group Holdings Parent during the 4th quarter worth $64,000. BNP Paribas Financial Markets purchased a new stake in shares of Concentra Group Holdings Parent during the 3rd quarter worth $105,000. The Manufacturers Life Insurance Company bought a new stake in Concentra Group Holdings Parent during the third quarter valued at about $208,000. Finally, MetLife Investment Management LLC purchased a new position in Concentra Group Holdings Parent in the third quarter valued at about $297,000.

About Concentra Group Holdings Parent

Concentra Group Holdings Parent, Inc provides occupational health services in the United States. The company offers occupational and consumer health services, including workers’ compensation injury care, urgent care, clinical testing, preventative care, and employer services, as well as wellness programs through occupational health centers and onsite clinics.