Analysts Set Cross Country Healthcare, Inc. (NASDAQ:CCRN) Target Price at $18.54

Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) have received an average rating of “Hold” from the five ratings firms that are presently covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation. The average 1-year price target among analysts that have issued a report on the stock in the last year is $18.54.

CCRN has been the topic of a number of recent research reports. StockNews.com initiated coverage on Cross Country Healthcare in a research note on Tuesday. They set a “hold” rating on the stock. Truist Financial increased their price target on Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a report on Thursday, December 5th. JMP Securities reissued a “market perform” rating on shares of Cross Country Healthcare in a report on Thursday, February 6th. Barrington Research reissued a “market perform” rating on shares of Cross Country Healthcare in a report on Tuesday, December 10th. Finally, William Blair downgraded Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Quadrant Capital Group LLC acquired a new stake in Cross Country Healthcare during the fourth quarter valued at approximately $25,000. Plato Investment Management Ltd acquired a new stake in Cross Country Healthcare during the fourth quarter valued at approximately $46,000. Truvestments Capital LLC acquired a new stake in Cross Country Healthcare during the third quarter valued at approximately $39,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Cross Country Healthcare during the third quarter valued at approximately $49,000. Finally, Point72 DIFC Ltd acquired a new stake in Cross Country Healthcare during the third quarter valued at approximately $52,000. Hedge funds and other institutional investors own 96.03% of the company’s stock.

Cross Country Healthcare Price Performance

Shares of CCRN opened at $16.86 on Monday. The stock’s 50-day moving average is $18.00 and its two-hundred day moving average is $15.12. The stock has a market cap of $553.28 million, a PE ratio of -337.13, a P/E/G ratio of 3.32 and a beta of 0.44. Cross Country Healthcare has a 12 month low of $9.58 and a 12 month high of $19.25.

Cross Country Healthcare Company Profile

Cross Country Healthcare, Inc provides talent management and other consultative services for healthcare clients in the United States. The company’s Nurse and Allied Staffing segment provides traditional staffing, recruiting, and value-added total talent solutions, including temporary and permanent placement of travel and local nurse and, allied professionals; temporary placement of healthcare leaders within nursing, allied, physician, and human resources; vendor neutral and managed services programs; education healthcare services; in-home care services; and outsourcing services.