Zacks Investment Research announced Surgery Partners Inc (NASDAQ:SGRY), bumping its target to $22.00 today
- Updated: October 14, 2016
Surgery Partners Inc (NASDAQ:SGRY) had its target price raised to $22.00 by Zacks Investment Research in a report released Saturday October 15, 2016. The new target price indicates a possible upside of 0.08% based on the company's last stock close price.
Yesterday Surgery Partners Inc (NASDAQ:SGRY) traded -1.57% lower at $20.39. Surgery Partners Inc’s 50-day moving average is $19.48 and its 200-day moving average is $16.80. The last closing price is up 19.45% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 61,377 shares of SGRY changing hands under the typical 131,300
Surgery Partners Inc has price-earnings ratio of 108.49 with a one year low of $11.76 and a one year high of $22.32 and has a total market value of $0.
A total of 9 equity analysts have released a ratings update on SGRY. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $21.89.
About Surgery Partners Inc (NASDAQ:SGRY)
Surgery Partners, Inc. is a healthcare services company. The Company operates in three lines of business across the United States: Surgical Facility Services, Ancillary Services and Optical Services. The Company's Surgical Facility Services segment consists of the operation of ambulatory surgery centers (ASCs) and surgical hospitals, which include its anesthesia services. The Company's Ancillary Services segment consists of a diagnostic laboratory, a specialty pharmacy and multi-specialty physician practices. The Company's physician practices include its owned and operated physician practices pursuant to management service agreements. The Company's optical services segment consists of an optical laboratory, an optical products group purchasing organization and a marketing business. The Company's optical laboratory manufactures eyewear, while its optical product purchasing organization negotiates volume buying discounts with optical product manufacturers.
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