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Analysts Offer Insights on Healthcare Companies: Amedisys (AMED), CSL (OtherCMXHF) and Outset Medical (OM)

There’s a lot to be optimistic about in the Healthcare sector as 3 analysts just weighed in on Amedisys (AMEDResearch Report), CSL (CMXHFResearch Report) and Outset Medical (OMResearch Report) with bullish sentiments.

Amedisys (AMED)

RBC Capital analyst Ben Hendrix maintained a Buy rating on Amedisys on January 24 and set a price target of $114.00. The company’s shares closed last Wednesday at $92.08, close to its 52-week low of $79.30.

According to TipRanks.com, Hendrix is a 2-star analyst with an average return of 0.1% and a 56.5% success rate. Hendrix covers the Healthcare sector, focusing on stocks such as Aveanna Healthcare Holdings, Brookdale Senior Living, and Bright Health Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Amedisys with a $113.38 average price target, implying a 25.0% upside from current levels. In a report issued on January 17, Jefferies also maintained a Buy rating on the stock with a $120.00 price target.

See today’s best-performing stocks on TipRanks >>

CSL (CMXHF)

RBC Capital analyst Craig Wong-Pan maintained a Buy rating on CSL on January 23 and set a price target of A$347.00. The company’s shares closed last Wednesday at $207.50, close to its 52-week high of $210.25.

According to TipRanks.com, Wong-Pan is a 3-star analyst with an average return of 6.3% and a 63.2% success rate. Wong-Pan covers the Healthcare sector, focusing on stocks such as Fisher & Paykel Healthcare Corporation Limited, Cochlear Limited, and Resmed.

Currently, the analyst consensus on CSL is a Strong Buy with an average price target of $233.52, a 12.5% upside from current levels. In a report issued on January 18, Citigroup also maintained a Buy rating on the stock with a A$335.00 price target.

Outset Medical (OM)

RBC Capital analyst Shagun Singh Chadha maintained a Buy rating on Outset Medical on January 23 and set a price target of $31.00. The company’s shares closed last Wednesday at $28.37.

According to TipRanks.com, Chadha is a 2-star analyst with an average return of 0.5% and a 48.8% success rate. Chadha covers the Healthcare sector, focusing on stocks such as Axonics Modulation Technologies, Zimmer Biomet Holdings, and Edwards Lifesciences.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Outset Medical with a $30.00 average price target, representing a 9.0% upside. In a report issued on January 12, Stifel Nicolaus also maintained a Buy rating on the stock with a $31.00 price target.

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