Goldman Sachs covered Molina Healthcare (NYSE:MOH), bumping its price target to $58.00 today
- Updated: September 19, 2016
Showing a price of $55.74, Molina Healthcare (NYSE:MOH) traded 0.00% even on the day. The last stock price is up 0.22% relative to the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the same time. MOH has logged a 50-day moving average of $56.02 and two hundred day average of $55.62. Volume of trade was was down over the average, with 0 shares of MOH changing hands under the typical 922,502 shares.
Molina Healthcare (NYSE:MOH) had its target price bumped up to $58 by Goldman Sachs in a report announced 9/19/2016. The latest target price indicates a potential upside of 0.04% from the company’s most recent closing price.
Previously on 5/04/2016, Goldman Sachs reported on Molina Healthcare(NYSE:MOH) dropped the target price from $75.00 to $45.00 that indicated a possible downside of -0.06%.
A total of 13 brokers have released a report on the company. Four analysts rate the company a strong buy, two firms rate the stock a buy, eight analyts rate the stock a hold, two brokerages rate the company to underperform, and lastly 0 brokeragesrate the stock as sell with a one year target of $59.08
Molina Healthcare has a one-year low of $44.50 and a one-year high of $81.95 with a P/E ratio of 24 and has a market cap of $0.0.
General Company Details For Molina Healthcare (NYSE:MOH)
Molina Healthcare, Inc. offers Medicaid-related solutions for low-income families and individuals, and assists government agencies in their administration of the Medicaid program. The Company operates through three segments: Health Plans, Molina Medicaid Solutions and Other. Its Health Plans segment consists of health plans in approximately 10 states and the Commonwealth of Puerto Rico, and its direct delivery business. Its direct delivery business consists of the operation of primary care clinics in various states in which it operates health plans. Its Molina Medicaid Solutions segment provides design, development, implementation (DDI) and business process outsourcing (BPO) solutions to state governments for their Medicaid management information systems (MMIS). The Other segment includes other businesses, and such as its Pathways Health and Community Support LLC (Pathways) behavioral health and social services provider.
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