Quorum Health (QHC): Cutting the PT by 23% - Mizuho

August 15, 2016 6:41 AM EDT
Get Alerts QHC Hot Sheet
Price: $6.38 +1.43%

Rating Summary:
    0 Buy, 5 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 21 | Down: 36 | New: 11
Trade QHC Now!
Join SI Premium – FREE

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

Mizuho Securities analyst, Sheryl Skolnick, reiterated her Neutral rating on shares of Quorum Health (NYSE: QHC) but cut her PT to $5.75. The analyst sees a need to understand whether there are reasonable scenarios for hospital valuation that support current securities prices and after an indepth analysis, believes the MSUSA 'Likely' case suggests $7.05 & she sees the 100% Bond Recovery case as likely too conservative.

Her new PT is a blend of EV/EBITDA and this downside risk as the price target drops to $5.75 (from $8.50).

For an analyst ratings summary and ratings history on Quorum Health click here. For more ratings news on Quorum Health click here.

Shares of Quorum Health closed at $5.11 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst PT Change

Add Your Comment