Concentra Group Holdings Parent (NYSE:CON) Price Target Raised to $25.00

Concentra Group Holdings Parent (NYSE:CON) had its price target lifted by research analysts at Bank of America from $24.00 to $25.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Bank of America‘s price target points to a potential upside of 6.38% from the stock’s previous close.

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

Concentra Group Holdings Parent Stock Performance

NYSE:CON opened at $23.50 on Thursday. Concentra Group Holdings Parent has a twelve month low of $18.89 and a twelve month high of $24.81. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.52 and a quick ratio of 1.52. The firm’s 50-day simple moving average is $20.83.

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

Institutional Investors Weigh In On Concentra Group Holdings Parent

Institutional investors and hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. acquired a new position in Concentra Group Holdings Parent during the 3rd quarter worth about $46,003,000. Massachusetts Financial Services Co. MA bought a new stake in Concentra Group Holdings Parent during the 3rd quarter worth approximately $36,672,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Concentra Group Holdings Parent during the 3rd quarter worth approximately $23,478,000. Geode Capital Management LLC acquired a new position in Concentra Group Holdings Parent during the 3rd quarter worth approximately $11,122,000. Finally, Loomis Sayles & Co. L P acquired a new position in Concentra Group Holdings Parent during the 3rd quarter worth approximately $8,676,000.

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.