Concentra Group Holdings Parent (NYSE:CON) Given New $30.00 Price Target at Royal Bank of Canada

Concentra Group Holdings Parent (NYSE:CON - Free Report) had its target price decreased by Royal Bank of Canada from $33.00 to $30.00 in a report released on Monday morning, Benzinga reports. Royal Bank of Canada currently has an outperform rating on the stock.

A number of other equities research analysts have also weighed in on CON. Truist Financial started coverage on Concentra Group Holdings Parent in a research report on Monday, August 19th. They set a "buy" rating and a $29.00 target price for the company. Mizuho began coverage on Concentra Group Holdings Parent in a research note on Monday, August 19th. They set an "outperform" rating and a $28.00 price target on the stock. Deutsche Bank Aktiengesellschaft began coverage on Concentra Group Holdings Parent in a research note on Monday, August 19th. They issued a "buy" rating and a $29.00 target price on the stock. Wells Fargo & Company assumed coverage on Concentra Group Holdings Parent in a research note on Monday, August 19th. They issued an "overweight" rating and a $27.00 target price on the stock. Finally, JPMorgan Chase & Co. assumed coverage on Concentra Group Holdings Parent in a report on Monday, August 19th. They issued an "overweight" rating and a $29.00 price target for the company. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Concentra Group Holdings Parent presently has an average rating of "Moderate Buy" and an average target price of $28.50.

Concentra Group Holdings Parent Stock Up 0.7 %

CON traded up $0.14 on Monday, hitting $20.22. 207,539 shares of the company's stock traded hands, compared to its average volume of 453,909. The firm has a 50 day simple moving average of $22.08. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.34. Concentra Group Holdings Parent has a one year low of $18.89 and a one year high of $24.81.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.01. The company had revenue of $489.64 million during the quarter, compared to analysts' expectations of $492.61 million. The company's revenue for the quarter was up 3.3% on a year-over-year basis. Research analysts expect that Concentra Group Holdings Parent will post 1.47 earnings per share for the current fiscal year.

Concentra Group Holdings Parent Announces Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, November 22nd. Shareholders of record on Wednesday, November 13th will be issued a dividend of $0.0625 per share. The ex-dividend date of this dividend is Wednesday, November 13th.

Hedge Funds Weigh In On Concentra Group Holdings Parent

An institutional investor recently bought a new position in Concentra Group Holdings Parent stock. Seven Grand Managers LLC bought a new stake in Concentra Group Holdings Parent, Inc. (NYSE:CON - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 150,000 shares of the company's stock, valued at approximately $3,354,000. Seven Grand Managers LLC owned approximately 0.12% of Concentra Group Holdings Parent as of its most recent filing with the Securities and Exchange Commission.

Concentra Group Holdings Parent Company Profile

Concentra Group Holdings Parent, Inc provides occupational health services in the United States. The company offers occupational and consumer health services, including workers' compensation injury care, urgent care, clinical testing, preventative care, and employer services, as well as wellness programs through occupational health centers and onsite clinics.