Royal Bank of Canada Lowers Concentra Group Holdings Parent (NYSE:CON) Price Target to $30.00

Concentra Group Holdings Parent (NYSE:CON) had its target price lowered by Royal Bank of Canada from $33.00 to $30.00 in a report published on Monday morning,Benzinga reports. Royal Bank of Canada currently has an outperform rating on the stock.

CON has been the topic of several other research reports. Wells Fargo & Company started coverage on shares of Concentra Group Holdings Parent in a research report on Monday, August 19th. They issued an “overweight” rating and a $27.00 price target on the stock. Truist Financial started coverage on shares of Concentra Group Holdings Parent in a research report on Monday, August 19th. They issued a “buy” rating and a $29.00 price target on the stock. Mizuho initiated coverage on shares of Concentra Group Holdings Parent in a research report on Monday, August 19th. They issued an “outperform” rating and a $28.00 price target on the stock. The Goldman Sachs Group initiated coverage on shares of Concentra Group Holdings Parent in a research report on Monday, August 19th. They set a “buy” rating and a $32.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of Concentra Group Holdings Parent in a research report on Monday, August 19th. They set a “buy” rating and a $29.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Concentra Group Holdings Parent presently has an average rating of “Moderate Buy” and a consensus price target of $28.50.

Concentra Group Holdings Parent Trading Up 2.1 %

Shares of Concentra Group Holdings Parent stock opened at $20.05 on Monday. The stock’s 50-day simple moving average is $21.80. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.21 and a quick ratio of 1.21. Concentra Group Holdings Parent has a 1-year low of $18.89 and a 1-year high of $24.81.

Concentra Group Holdings Parent (NYSE:CON) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The company had revenue of $489.64 million for the quarter, compared to the consensus estimate of $492.61 million. Concentra Group Holdings Parent’s revenue was up 3.3% on a year-over-year basis. On average, sell-side analysts forecast that Concentra Group Holdings Parent will post 1.45 earnings per share for the current year.

Concentra Group Holdings Parent Dividend Announcement

The company also recently disclosed an annual dividend, which will be paid on Friday, November 22nd. Stockholders of record on Wednesday, November 13th will be issued a dividend of $0.0625 per share. The ex-dividend date is Wednesday, November 13th.

Institutional Trading of Concentra Group Holdings Parent

An institutional investor recently bought a new position in Concentra Group Holdings Parent stock. Oppenheimer Asset Management Inc. acquired a new stake in Concentra Group Holdings Parent, Inc. (NYSE:CON) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 30,194 shares of the company’s stock, valued at approximately $675,000.

Concentra Group Holdings Parent Company Profile

Concentra Group Holdings Parent, Inc provides occupational health services in the United States. The company offers occupational and consumer health services, including workers’ compensation injury care, urgent care, clinical testing, preventative care, and employer services, as well as wellness programs through occupational health centers and onsite clinics.