Encompass Health (EHC) Coverage Initiated at Credit Suisse Group

Credit Suisse Group assumed coverage on shares of Encompass Health (AMEX:EHC) in a report issued on Wednesday, January 17th, Marketbeat Ratings reports. The firm issued an outperform rating and a $58.00 price target on the stock.

Several other analysts have also recently weighed in on the company. Stephens restated a buy rating and set a $55.00 price target on shares of Encompass Health in a report on Friday, January 12th. Robert W. Baird restated a buy rating and set a $59.00 price target on shares of Encompass Health in a report on Friday, January 12th. Zacks Investment Research upgraded Encompass Health from a sell rating to a hold rating in a report on Wednesday, January 10th. SunTrust Banks set a $58.00 price target on Encompass Health and gave the stock a buy rating in a report on Thursday, December 21st. Finally, William Blair restated an outperform rating on shares of Encompass Health in a report on Tuesday, November 21st. Two analysts have rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of $54.55.

Encompass Health (AMEX EHC) traded down $0.12 during trading hours on Wednesday, hitting $51.35. The stock had a trading volume of 676,992 shares, compared to its average volume of 573,119. The company has a market capitalization of $5,040.00, a PE ratio of 18.74, a P/E/G ratio of 1.70 and a beta of 0.49. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.34 and a current ratio of 1.34. Encompass Health has a 52 week low of $40.14 and a 52 week high of $54.13.

Several institutional investors have recently bought and sold shares of the stock. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Encompass Health in the fourth quarter worth approximately $65,366,000. Eagle Asset Management Inc. acquired a new position in shares of Encompass Health in the fourth quarter worth approximately $53,001,000. Copeland Capital Management LLC acquired a new position in shares of Encompass Health in the fourth quarter worth approximately $28,117,000. Dalton Greiner Hartman Maher & Co. acquired a new position in shares of Encompass Health in the fourth quarter worth approximately $16,395,000. Finally, American International Group Inc. acquired a new position in shares of Encompass Health in the fourth quarter worth approximately $13,271,000. 93.18% of the stock is currently owned by institutional investors.

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About Encompass Health

Encompass Health Corporation, formerly HealthSouth Corporation, is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies.

Analyst Recommendations for Encompass Health (AMEX:EHC)

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