Change Healthcare (NASDAQ:CHNG) had its price objective boosted by Citigroup from $16.00 to $18.00 in a report released on Monday morning, The Fly reports. They currently have a buy rating on the stock.

A number of other analysts have also issued reports on the company. ValuEngine lowered Change Healthcare from a hold rating to a sell rating in a research note on Friday, August 7th. Deutsche Bank upped their price target on shares of Change Healthcare from $12.00 to $14.00 and gave the stock a buy rating in a research report on Monday, June 8th. BidaskClub upgraded shares of Change Healthcare from a hold rating to a buy rating in a report on Wednesday, September 2nd. SunTrust Banks boosted their price objective on shares of Change Healthcare from $15.00 to $17.00 and gave the company a buy rating in a research note on Friday, June 5th. Finally, Piper Sandler increased their target price on Change Healthcare from $19.00 to $22.00 and gave the stock an overweight rating in a research report on Thursday, August 6th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of $16.54.

Shares of Change Healthcare stock opened at $14.90 on Monday. Change Healthcare has a 1 year low of $6.18 and a 1 year high of $17.57. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.25 and a quick ratio of 1.25. The business has a 50 day moving average price of $13.20 and a 200 day moving average price of $11.60. The company has a market capitalization of $4.53 billion, a P/E ratio of -35.48, a P/E/G ratio of 8.86 and a beta of 1.77.

Change Healthcare (NASDAQ:CHNG) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.11. Change Healthcare had a positive return on equity of 14.93% and a negative net margin of 4.34%. As a group, research analysts expect that Change Healthcare will post 1.06 EPS for the current fiscal year.

Change Healthcare Company Profile

Change Healthcare Inc, an independent healthcare technology platform, provides data and analytics-driven solutions to improve clinical, financial, and patient engagement outcomes in the United States healthcare system. It operates in three segments: Software and Analytics, Network Solutions, and Technology-Enabled Services.

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Analyst Recommendations for Change Healthcare (NASDAQ:CHNG)

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