Royal Bank of Canada Reiterates “Outperform” Rating for Concentra Group Holdings Parent (NYSE:CON)

Royal Bank of Canada reissued their outperform rating on shares of Concentra Group Holdings Parent (NYSE:CONFree Report) in a report released on Thursday morning,Benzinga reports. They currently have a $30.00 target price on the stock.

Separately, Bank of America boosted their price objective on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Concentra Group Holdings Parent currently has a consensus rating of “Buy” and an average price target of $28.63.

View Our Latest Research Report on CON

Concentra Group Holdings Parent Price Performance

CON opened at $23.50 on Thursday. The stock’s fifty day moving average is $20.83. Concentra Group Holdings Parent has a 52-week low of $18.89 and a 52-week high of $24.81. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 5.20.

Concentra Group Holdings Parent (NYSE:CONGet Free Report) last released its earnings results on Thursday, October 31st. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.36 by $0.01. The firm had revenue of $489.64 million during the quarter, compared to the consensus estimate of $492.61 million. Concentra Group Holdings Parent’s quarterly revenue was up 3.3% on a year-over-year basis. On average, research analysts expect that Concentra Group Holdings Parent will post 1.47 earnings per share for the current year.

Concentra Group Holdings Parent Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, November 22nd. Investors of record on Wednesday, November 13th were paid a $0.0625 dividend. The ex-dividend date was Wednesday, November 13th.

Institutional Trading of Concentra Group Holdings Parent

A number of hedge funds have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC bought a new position in shares of Concentra Group Holdings Parent in the 4th quarter valued at $59,000. GAMMA Investing LLC acquired a new position in Concentra Group Holdings Parent in the 4th quarter worth about $64,000. BNP Paribas Financial Markets bought a new position in Concentra Group Holdings Parent in the third quarter valued at about $105,000. EMC Capital Management acquired a new stake in shares of Concentra Group Holdings Parent during the fourth quarter valued at about $122,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Concentra Group Holdings Parent during the third quarter worth about $208,000.

Concentra Group Holdings Parent Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Concentra Group Holdings Parent (NYSE:CON)

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