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Stifel announced MEDNAX (NYSE:MD), dropping its stock price target to $58.00 today

Boasting a price of $55.00, MEDNAX (NYSE:MD) traded 0.00% even on the day. With the last stock price close up -14.74% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. MEDNAX has recorded a 50-day average of $42.97 and a two hundred day average of $52.21. Volume of trade was down over the average, with 805,620 shares of MD changing hands under the typical 1,278,320

In a statement issued on Thursday May 25, 2017 Stifel bumped down the target of MEDNAX (NYSE:MD) from $65.00 to $58.00 stating a potential upside of 0.05%.

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MEDNAX (NYSE:MD)

MEDNAX has a 52 week low of $40.78 and a 52 week high of $72.13 with a P/E ratio of 14.18 The company’s market capitalization is presently $0.

A total of 11 brokerages have issued a ratings update on MEDNAX. Five brokerages rating the company a strong buy, four brokerages rating the company a buy, six brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $77.64.

General Company Details For MEDNAX (NYSE:MD)

MEDNAX, Inc. is a provider of physician services, including newborn, anesthesia, maternal-fetal, teleradiology, pediatric cardiology and other pediatric subspecialty care. As of December 31, 2016, the Company's national network consisted of over 3,600 affiliated physicians, including over 1,130 physicians providing neonatal clinical care, in 35 states and Puerto Rico, primarily within hospital-based neonatal intensive care units (NICUs), to babies born prematurely or with medical complications. As of December 31, 2016, the Company had over 1,390 affiliated physicians providing anesthesia care to patients in connection with surgical and other procedures, as well as pain management. As of December 31, 2016, the Company had 270 affiliated physicians providing maternal-fetal and obstetrical medical care to expectant mothers experiencing complicated pregnancies primarily in areas where its affiliated neonatal physicians practice.

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