Truist raised the firm’s price target on Ensign Group to $135 from $125 and keeps a Hold rating on the shares after its Q4 results. The firm notes that the company’s occupancy continues to approach pre-COVID levels as the company sees opportunity for improvement in 2024, and while the labor environment remains challenging, the company has seen ongoing improvement, the analyst tells investors in a research note.
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Read More on ENSG:
- The Ensign’s New Regulation Risk – A Cause for Worry?
- Ensign Group price target raised to $130 from $127 at Oppenheimer
- Ensign Group sees FY24 EPS $5.29-$5.47, consensus $5.23
- Ensign Group reports Q4 EPS $1.28, consensus $1.27
- The Ensign Group Reports Fiscal Year and Fourth Quarter 2023 Results; Issues 2024 Earnings Guidance
