Concentra Group Holdings Parent (NYSE:CON) Sets New 1-Year Low – Here’s Why

Concentra Group Holdings Parent, Inc. (NYSE:CON)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $19.05 and last traded at $19.15, with a volume of 6297 shares traded. The stock had previously closed at $19.47.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CON shares. Wells Fargo & Company started coverage on shares of Concentra Group Holdings Parent in a research report on Monday, August 19th. They issued an “overweight” rating and a $27.00 price target for the company. The Goldman Sachs Group started coverage on Concentra Group Holdings Parent in a research report on Monday, August 19th. They issued a “buy” rating and a $32.00 target price for the company. Truist Financial initiated coverage on Concentra Group Holdings Parent in a research report on Monday, August 19th. They set a “buy” rating and a $29.00 price target on the stock. Mizuho began coverage on Concentra Group Holdings Parent in a research report on Monday, August 19th. They set an “outperform” rating and a $28.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Concentra Group Holdings Parent in a report on Monday, August 19th. They issued a “buy” rating and a $29.00 target price on the stock. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $28.88.

Concentra Group Holdings Parent Trading Down 0.2 %

The stock has a 50-day simple moving average of $22.93.

Concentra Group Holdings Parent (NYSE:CON) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.47 earnings per share for the quarter. The company had revenue of $467.60 million during the quarter. As a group, equities research analysts anticipate that Concentra Group Holdings Parent, Inc. will post 1.47 EPS for the current fiscal year.

About Concentra Group Holdings Parent

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.