Zacks: R1 RCM Inc (RCM) Given Consensus Recommendation of “Buy” by Brokerages
R1 RCM Inc (NASDAQ:RCM) has received a consensus broker rating score of 2.00 (Buy) from the two analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and one has issued a strong buy rating on the company.
Brokers have set a 1-year consensus price target of $5.00 for the company and are anticipating that the company will post $0.02 EPS for the current quarter, according to Zacks. Zacks has also assigned R1 RCM an industry rank of 93 out of 265 based on the ratings given to its competitors.
A number of brokerages have recently issued reports on RCM. BidaskClub upgraded R1 RCM from a “hold” rating to a “buy” rating in a report on Thursday, January 11th. Zacks Investment Research downgraded R1 RCM from a “hold” rating to a “sell” rating in a report on Wednesday, January 17th.
R1 RCM (RCM) opened at $4.68 on Tuesday. The company has a market capitalization of $509.25, a price-to-earnings ratio of -18.00 and a beta of -0.41. R1 RCM has a fifty-two week low of $2.02 and a fifty-two week high of $5.43.
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R1 RCM Company Profile
R1 RCM Inc, formerly Accretive Health, Inc, is a provider of revenue cycle management (RCM) and physician advisory services (PAS) to healthcare providers. The Company is engaged in providing management services of revenue cycle operations for the United States-based hospitals and other medical services providers.
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