KeyCorp Cuts Acadia Healthcare (NASDAQ:ACHC) Price Target to $65.00

Acadia Healthcare (NASDAQ:ACHC - Get Free Report) had its price objective cut by equities researchers at KeyCorp from $70.00 to $65.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has an "overweight" rating on the stock. KeyCorp's price target would suggest a potential upside of 119.00% from the company's current price.

ACHC has been the topic of a number of other reports. StockNews.com lowered shares of Acadia Healthcare from a "hold" rating to a "sell" rating in a research note on Monday, January 6th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $64.00 price objective on shares of Acadia Healthcare in a research note on Friday, January 10th. Barclays lowered shares of Acadia Healthcare from an "overweight" rating to an "equal weight" rating and reduced their price objective for the company from $43.00 to $35.00 in a research note on Friday, February 28th. Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $52.00 price objective on shares of Acadia Healthcare in a research note on Tuesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Acadia Healthcare from a "hold" rating to a "buy" rating and upped their price objective for the company from $45.00 to $75.00 in a research note on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Acadia Healthcare currently has a consensus rating of "Hold" and a consensus price target of $56.31.

Acadia Healthcare Trading Down 2.6 %

ACHC traded down $0.78 during trading on Monday, reaching $29.68. 2,493,782 shares of the company's stock were exchanged, compared to its average volume of 1,823,271. Acadia Healthcare has a one year low of $28.09 and a one year high of $85.96. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $2.76 billion, a PE ratio of 9.73, a price-to-earnings-growth ratio of 1.46 and a beta of 1.30. The firm has a fifty day moving average price of $41.79 and a two-hundred day moving average price of $51.01.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Lindbrook Capital LLC raised its holdings in shares of Acadia Healthcare by 1,342.0% in the fourth quarter. Lindbrook Capital LLC now owns 721 shares of the company's stock valued at $29,000 after purchasing an additional 671 shares during the last quarter. Blue Trust Inc. increased its holdings in Acadia Healthcare by 69.4% during the fourth quarter. Blue Trust Inc. now owns 842 shares of the company's stock worth $33,000 after buying an additional 345 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in Acadia Healthcare by 40.7% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company's stock worth $41,000 after buying an additional 301 shares during the last quarter. Signaturefd LLC increased its holdings in Acadia Healthcare by 460.6% during the fourth quarter. Signaturefd LLC now owns 1,222 shares of the company's stock worth $48,000 after buying an additional 1,004 shares during the last quarter. Finally, Fifth Third Bancorp increased its holdings in Acadia Healthcare by 56.0% during the fourth quarter. Fifth Third Bancorp now owns 1,264 shares of the company's stock worth $50,000 after buying an additional 454 shares during the last quarter.

About Acadia Healthcare

Acadia Healthcare Company, Inc provides behavioral healthcare services in the United States and Puerto Rico. The company develops and operates acute inpatient psychiatric facilities, specialty treatment facilities comprising residential recovery facilities and eating disorder facilities, comprehensive treatment centers, and residential treatment centers, as well as facilities offering outpatient behavioral healthcare services for the behavioral healthcare and recovery needs of communities.