Barclays Raises PT and Estimates on Skilled Healthcare Group (SKH), Citing Increased Visibility

Barclays maintains an 'Equalweight' on Skilled Healthcare Group (NYSE: SKH) price target raised from $5.00 to $7.00.

Analyst, Brendan Strong, said, "We are raising our estimates and price target on SKH given our increased visibility in the company's results for 2012 following its stronger-than-expected results for 4Q11. Specifically, we are raising our 2012 and 2013 EPS estimates to $0.81 and $0.87, respectively, and raising our 2012 and 2013 EBITDA estimates to $113.6 million and $118.7 million, respectively."

For an analyst ratings summary and ratings history on Skilled Healthcare Group click here. For more ratings news on Skilled Healthcare Group click here.

Shares of Skilled Healthcare Group closed at $6.43 yesterday.

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