KeyBanc Starts Universal Health Services (UHS) at Hold
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Price: $151.16 -1.55%
Rating Summary:
11 Buy, 19 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 12 | New: 12
Rating Summary:
11 Buy, 19 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 12 | New: 12
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KeyBanc initiates coverage on Universal Health Services (NYSE: UHS) with a Hold.
The analyst comments, "Despite our HOLD rating, overall we are positive on the Company's diversified business, solid longer-term track record and the opportunity for the health care reform and the Nevada Medicaid expansion to return UHS's acute care operations to growth. However, we consider the current valuation as fair, particularly given the lack of visibility on how much the expansion of coverage will benefit the Company’s behavioral health division.
They continued, "The Company's leverage to the behavioral market differentiates it significantly from its peer group, creating an attractive growth avenue outside of today's mostly sluggish acute care business. UHS generates approximately 70% of its operating income in the behavioral segment, a market we expect to continue to grow over the next few years with the expansion of health care coverage to the currently uninsured."
For an analyst ratings summary and ratings history on Universal Health Services click here. For more ratings news on Universal Health Services click here.
Shares of Universal Health Services closed at $67.26 yesterday.
The analyst comments, "Despite our HOLD rating, overall we are positive on the Company's diversified business, solid longer-term track record and the opportunity for the health care reform and the Nevada Medicaid expansion to return UHS's acute care operations to growth. However, we consider the current valuation as fair, particularly given the lack of visibility on how much the expansion of coverage will benefit the Company’s behavioral health division.
They continued, "The Company's leverage to the behavioral market differentiates it significantly from its peer group, creating an attractive growth avenue outside of today's mostly sluggish acute care business. UHS generates approximately 70% of its operating income in the behavioral segment, a market we expect to continue to grow over the next few years with the expansion of health care coverage to the currently uninsured."
For an analyst ratings summary and ratings history on Universal Health Services click here. For more ratings news on Universal Health Services click here.
Shares of Universal Health Services closed at $67.26 yesterday.
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