Pennant Group (PNTG) Gets a Buy from RBC Capital

RBC Capital analyst Ben Hendrix maintained a Buy rating on Pennant Group (PNTGResearch Report) today and set a price target of $18.00. The company’s shares opened today at $11.50.

According to TipRanks, Hendrix is an analyst with an average return of -4.8% and a 54.43% success rate. Hendrix covers the Healthcare sector, focusing on stocks such as Humana, Encompass Health, and Pennant Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pennant Group with a $17.80 average price target.

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PNTG market cap is currently $349.3M and has a P/E ratio of -124.55.

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The Pennant Group, Inc. engages in the provision of healthcare services. It operates through the following segments: Home Health and Hospice Services, Senior Living Services, and All Other. The Home Health and Hospice Services segment provides combination of clinical care services such as nursing, speech, occupational and physical therapy, medical social work, and home health aide services. The Senior Living Services segment deals with assisted and independent living and memory care businesses. The All Other segment includes mobile diagnostic and laboratory services. The company was founded on January 24, 2019 and is headquartered in Eagle, ID.

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