Today: Today: Adeptus Health Inc. (ADPT) Stock Rating Reaffirm by Jefferies Group

Today: Adeptus Health Inc. (ADPT) Stock Rating Reaffirm by Jefferies Group

Adeptus Health Inc. (NYSE:ADPT)‘s stock had its “hold” rating reissued by analysts at Jefferies Group in a note issued to investors on Monday. They presently have a $13.00 price target on the stock. Jefferies Group’s target price would suggest a potential upside of 29.87% from the stock’s current price.

Several other brokerages have also recently issued reports on ADPT. TheStreet cut Adeptus Health from a “hold” rating to a “sell” rating in a research report on Tuesday, November 1st. JMP Securities dropped their price target on Adeptus Health from $94.00 to $92.00 and set a “market outperform” rating on the stock in a research report on Wednesday, August 31st. Stephens cut Adeptus Health from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, November 2nd. KeyCorp set a $31.00 price target on Adeptus Health and gave the company a “buy” rating in a research report on Wednesday, November 2nd. Finally, Goldman Sachs Group Inc. cut Adeptus Health from a “buy” rating to a “neutral” rating and dropped their price target for the company from $72.00 to $12.00 in a research report on Friday, November 4th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $44.80.

Shares of Adeptus Health (NYSE:ADPT) traded down 10.69% during trading on Monday, hitting $8.94. The company’s stock had a trading volume of 1,434,782 shares. The stock has a market cap of $146.57 million, a PE ratio of 1.58 and a beta of 1.22. Adeptus Health has a one year low of $7.91 and a one year high of $73.44. The company has a 50-day moving average price of $22.87 and a 200-day moving average price of $43.11.

Several large investors have recently made changes to their positions in the company. Municipal Employees Retirement System of Michigan raised its stake in shares of Adeptus Health by 2.4% in the third quarter. Municipal Employees Retirement System of Michigan now owns 2,990 shares of the company’s stock valued at $129,000 after buying an additional 70 shares during the period. Lebenthal Lisanti Capital Growth LLC raised its stake in shares of Adeptus Health by 1.1% in the second quarter. Lebenthal Lisanti Capital Growth LLC now owns 10,790 shares of the company’s stock valued at $557,000 after buying an additional 120 shares during the period. American International Group Inc. raised its stake in shares of Adeptus Health by 2.7% in the third quarter. American International Group Inc. now owns 9,643 shares of the company’s stock valued at $415,000 after buying an additional 252 shares during the period. Mariner Investment Group LLC raised its stake in shares of Adeptus Health by 1.3% in the second quarter. Mariner Investment Group LLC now owns 39,000 shares of the company’s stock valued at $2,015,000 after buying an additional 500 shares during the period. Finally, Louisiana State Employees Retirement System raised its stake in shares of Adeptus Health by 10.0% in the third quarter. Louisiana State Employees Retirement System now owns 6,600 shares of the company’s stock valued at $284,000 after buying an additional 600 shares during the period.

Adeptus Health Company Profile

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