Brokerages Set Concentra Group Holdings Parent, Inc. (NYSE:CON) PT at $28.63

Shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) have received a consensus rating of “Buy” from the eight brokerages that are currently covering the company, MarketBeat reports. Eight analysts have rated the stock with a buy recommendation. The average 1-year price target among brokers that have covered the stock in the last year is $28.63.

CON has been the subject of several recent research reports. Bank of America boosted their price objective on Concentra Group Holdings Parent from $24.00 to $25.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Royal Bank of Canada reissued an “outperform” rating and set a $30.00 price objective on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd.

Institutional Trading of Concentra Group Holdings Parent

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Smartleaf Asset Management LLC bought a new stake in shares of Concentra Group Holdings Parent in the 4th quarter valued at about $25,000. Motco bought a new stake in shares of Concentra Group Holdings Parent in the 4th quarter valued at about $32,000. Empowered Funds LLC bought a new stake in shares of Concentra Group Holdings Parent in the 4th quarter valued at about $49,000. Nisa Investment Advisors LLC bought a new stake in shares of Concentra Group Holdings Parent in the 4th quarter valued at about $59,000. Finally, GAMMA Investing LLC bought a new stake in Concentra Group Holdings Parent during the 4th quarter worth approximately $64,000.

Concentra Group Holdings Parent Price Performance

Shares of NYSE:CON opened at $22.37 on Monday. Concentra Group Holdings Parent has a 1-year low of $18.89 and a 1-year high of $24.81. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.52 and a quick ratio of 1.52. The business has a 50-day moving average price of $21.22 and a two-hundred day moving average price of $21.72.

About Concentra Group Holdings Parent

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.