Analysts Set Cross Country Healthcare, Inc. (NASDAQ:CCRN) PT at $18.54

Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN - Get Free Report) have received an average rating of "Hold" from the four ratings firms that are currently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating. The average 1 year price target among brokers that have issued a report on the stock in the last year is $18.54.

A number of research firms recently issued reports on CCRN. Barrington Research reaffirmed a "market perform" rating on shares of Cross Country Healthcare in a research note on Tuesday, December 10th. William Blair downgraded shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th. Truist Financial boosted their price objective on Cross Country Healthcare from $15.00 to $18.61 and gave the stock a "hold" rating in a research note on Thursday, December 5th. Benchmark lowered Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Finally, StockNews.com initiated coverage on Cross Country Healthcare in a report on Saturday. They set a "hold" rating on the stock.

Hedge Funds Weigh In On Cross Country Healthcare

Several hedge funds have recently modified their holdings of CCRN. PDT Partners LLC acquired a new position in shares of Cross Country Healthcare in the 3rd quarter valued at about $856,000. Royce & Associates LP boosted its position in Cross Country Healthcare by 51.4% in the 3rd quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider's stock worth $15,222,000 after purchasing an additional 384,374 shares in the last quarter. Systematic Financial Management LP grew its stake in shares of Cross Country Healthcare by 8.5% during the 3rd quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider's stock worth $22,347,000 after purchasing an additional 130,746 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of Cross Country Healthcare by 288.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 54,967 shares of the business services provider's stock valued at $739,000 after purchasing an additional 40,799 shares in the last quarter. Finally, Walleye Capital LLC acquired a new position in shares of Cross Country Healthcare in the 3rd quarter valued at $1,128,000. Institutional investors and hedge funds own 96.03% of the company's stock.

Cross Country Healthcare Trading Down 0.2 %

Shares of Cross Country Healthcare stock opened at $17.90 on Wednesday. The firm has a market cap of $589.21 million, a PE ratio of -358.00, a PEG ratio of 3.39 and a beta of 0.61. The stock has a 50 day moving average of $12.70 and a 200 day moving average of $13.87. Cross Country Healthcare has a 12 month low of $9.58 and a 12 month high of $23.64.

Cross Country Healthcare Company Profile

Cross Country Healthcare, Inc provides talent management and other consultative services for healthcare clients in the United States. The company's Nurse and Allied Staffing segment provides traditional staffing, recruiting, and value-added total talent solutions, including temporary and permanent placement of travel and local nurse and, allied professionals; temporary placement of healthcare leaders within nursing, allied, physician, and human resources; vendor neutral and managed services programs; education healthcare services; in-home care services; and outsourcing services.