Do analysts think you should hold on?
Investors Observer gives Adapthealth Corp (AHCO) a ranking of 75 for analysts, which means AHCO is ranked better by analysts than 75% of stocks. The average price target for AHCO is $ 41,111 and the analyst rates the stock as a strong buy.
Why are analyst ratings important?
While analyst projections are not your only resource in determining your position in a stock, they can be a very useful tool. Analysts follow sectors / industries in depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better understand the numbers.
Investors Observer averages the ratings provided by analysts, then ranks their score as a percentage relative to the market. This allows you to compare stocks more fully than with the typical buy / sell / hold ranking.
What is happening with the shares of Adapthealth Corp today?
Adapthealth Corp (AHCO) stock is trading at $ 24.71 at 11:02 a.m. on Thursday, October 14, a gain of $ 1.22, or 5.19% from the previous closing price of $ 23.49 . The stock has traded between $ 23.57 and $ 24.86 so far today. The volume today is light. So far, 395,834 shares have been traded for an average volume of 716,570 shares. Click here for the full Adapthealth Corp. share report.