Concentra Group Holdings Parent (NYSE:CON) Coverage Initiated at Royal Bank of Canada

Research analysts at Royal Bank of Canada started coverage on shares of Concentra Group Holdings Parent (NYSE:CON) in a research note issued to investors on Tuesday, MarketBeat.com reports. The firm set an “outperform” rating and a $33.00 price target on the stock. Royal Bank of Canada’s price target indicates a potential upside of 41.15% from the stock’s previous close.

Several other analysts have also commented on the company. Deutsche Bank Aktiengesellschaft initiated coverage on Concentra Group Holdings Parent in a report on Monday. They set a “buy” rating and a $29.00 target price on the stock. The Goldman Sachs Group started coverage on shares of Concentra Group Holdings Parent in a research note on Monday. They set a “buy” rating and a $32.00 price objective on the stock. Wells Fargo & Company initiated coverage on shares of Concentra Group Holdings Parent in a research note on Monday. They issued an “overweight” rating and a $27.00 target price for the company. Bank of America began coverage on shares of Concentra Group Holdings Parent in a research report on Monday. They set a “buy” rating and a $30.50 price target on the stock. Finally, JPMorgan Chase & Co. began coverage on shares of Concentra Group Holdings Parent in a research report on Monday. They issued an “overweight” rating and a $29.00 price objective for the company. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $29.69.

Concentra Group Holdings Parent Price Performance

CON opened at $23.38 on Tuesday. Concentra Group Holdings Parent has a 12-month low of $21.37 and a 12-month high of $23.81.

Concentra Group Holdings Parent (NYSE:CON) last posted its earnings results on Thursday, August 1st. The company reported $0.49 earnings per share (EPS) for the quarter. The business had revenue of $477.92 million for the quarter.

About Concentra Group Holdings Parent

We were founded in 1979 and have grown to be the largest provider of occupational health services in the United States by number of locations. Our national presence enables us to provide access to high-quality care that supports our mission to improve the health of America’s workforce. As of March 31, 2024, we operated 547 stand-alone occupational health centers in 41 states and 151 onsite health clinics at employer worksites in 37 states.