Select Medical Holdings Corporation (NYSE:SEM) has been downgraded from Market Perform to Market Underperform in a statement by JMP Securities earlier today.
- Updated: October 2, 2016
JMP Securities has downgraded Select Medical Holdings Corporation (NYSE:SEM) from Market Perform to Market Underperform in a statement released on 9/28/2016.
On Monday May 09, 2016, UBS Securities released a statement about Select Medical Holdings Corporation (NYSE:SEM) upped the target price from $8.00 to $11.00 that suggested a downside of -0.14%.
Having a price of $13.14, Select Medical Holdings Corporation (NYSE:SEM) traded 2.20% higher on the day. With the last stock price up 12.71% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. SEM has recorded a 50-day average of $12.19 and a two hundred day average of $11.98. Trade Volume was up over the average, with 893,822 shares of SEM changing hands over the typical 728,967
Recent Performance Chart
Select Medical Holdings Corporation has 52 week low of $7.33 and a 52 week high of $14.30 with a P/E ratio of 12.05 and has a market cap of $0.
In addition to JMP Securities reporting its stock price target, a total of 5 brokers have issued a research note on the company. The average stock price target is $13.70 with 1 broker rating the stock a strong buy, 2 brokers rating the stock a buy, 2 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Select Medical Holdings Corporation (NYSE:SEM)
Select Medical Holdings Corporation is an operator of specialty hospitals and outpatient rehabilitation clinics. The Company, through its contract therapy business, provides medical rehabilitation services on a contracted basis to nursing homes, hospitals, assisted living and senior care centers, schools and work sites. It operates through three business segments: specialty hospitals, outpatient rehabilitation and Concentra. Its Other activities include corporate services and other minority investments in healthcare related businesses. It is an operator of specialty hospitals in the United States. It operates over 127 facilities in over 30 states, including over 110 long-term acute care hospitals, or LTCHs. It is an operator of outpatient rehabilitation clinics in the United States, with over 1,040 facilities in over 30 states and the District of Columbia. It also provides occupational health services in the United States.
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