Stephens analyst Scott Fidel raised the firm’s price target on Ensign Group to $113 from $112 and keeps an Overweight rating on the shares. The company continued to drive top-line growth in Q3 and its financial metrics were “solid” across the board, the analyst tells investors. Ensign delivered a banner year of M&A in 2023 and the firm believes another one is likely in store for 2024.
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Read More on ENSG:
- Ensign Group reports Q3 adjusted EPS $1.20, consensus $1.19
- The Ensign Group Reports Third Quarter 2023 Results; Raises 2023 Earnings Guidance
- The Ensign Group Schedules Third Quarter Earnings Call for Thursday, October 26, 2023
- The Ensign (ENSG) Q3 Earnings Cheat Sheet
- Ensign Group management to meet with Oppenheimer
