JPMorgan Chase & Co. Initiates Coverage on Concentra Group Holdings Parent (NYSE:CON)

Stock analysts at JPMorgan Chase & Co. started coverage on shares of Concentra Group Holdings Parent (NYSE:CON) in a research note issued to investors on Monday, Briefing.com reports. The brokerage set an “overweight” rating and a $29.00 price target on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 23.67% from the company’s previous close.

Several other research analysts also recently issued reports on CON. The Goldman Sachs Group initiated coverage on shares of Concentra Group Holdings Parent in a report on Monday. They set a “buy” rating and a $32.00 price target for the company. Wells Fargo & Company initiated coverage on shares of Concentra Group Holdings Parent in a research note on Monday. They issued an “overweight” rating and a $27.00 price objective on the stock. Mizuho initiated coverage on shares of Concentra Group Holdings Parent in a research note on Monday. They issued an “outperform” rating and a $28.00 price objective on the stock. Truist Financial initiated coverage on shares of Concentra Group Holdings Parent in a research note on Monday. They issued a “buy” rating and a $29.00 price objective on the stock. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Concentra Group Holdings Parent in a research note on Monday. They issued a “buy” rating and a $29.00 price objective on the stock. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $29.00.

Concentra Group Holdings Parent Stock Performance

Shares of CON opened at $23.45 on Monday. Concentra Group Holdings Parent has a one year low of $21.37 and a one year high of $23.50.

Concentra Group Holdings Parent (NYSE:CON) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.49 earnings per share (EPS) for the quarter. The company had revenue of $477.92 million for the quarter.

Concentra Group Holdings Parent Company Profile

We were founded in 1979 and have grown to be the largest provider of occupational health services in the United States by number of locations. Our national presence enables us to provide access to high-quality care that supports our mission to improve the health of America’s workforce. As of March 31, 2024, we operated 547 stand-alone occupational health centers in 41 states and 151 onsite health clinics at employer worksites in 37 states.