Concentra Group Holdings Parent (NYSE:CON) Stock Price Down 2.4%

Shares of Concentra Group Holdings Parent, Inc. (NYSE:CON) traded down 2.4% on Friday . The stock traded as low as $22.13 and last traded at $22.13. 19,649 shares were traded during mid-day trading, a decline of 97% from the average session volume of 568,237 shares. The stock had previously closed at $22.68.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CON shares. The Goldman Sachs Group assumed coverage on Concentra Group Holdings Parent in a research report on Monday, August 19th. They set a “buy” rating and a $32.00 price objective for the company. Wells Fargo & Company initiated coverage on shares of Concentra Group Holdings Parent in a research report on Monday, August 19th. They issued an “overweight” rating and a $27.00 price target on the stock. Bank of America assumed coverage on shares of Concentra Group Holdings Parent in a research report on Monday, August 19th. They set a “buy” rating and a $30.50 price objective for the company. Deutsche Bank Aktiengesellschaft started coverage on shares of Concentra Group Holdings Parent in a research report on Monday, August 19th. They set a “buy” rating and a $29.00 price target on the stock. Finally, Royal Bank of Canada started coverage on Concentra Group Holdings Parent in a report on Tuesday, August 20th. They set an “outperform” rating and a $33.00 price target for the company. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat, Concentra Group Holdings Parent currently has a consensus rating of “Buy” and a consensus target price of $29.69.

Concentra Group Holdings Parent Stock Performance

The stock’s 50 day simple moving average is $23.18.

Concentra Group Holdings Parent (NYSE:CON) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.47 earnings per share for the quarter. The company had revenue of $467.60 million for the quarter. Equities analysts forecast that Concentra Group Holdings Parent, Inc. will post 1.47 earnings per share for the current year.

Concentra Group Holdings Parent Company Profile

Concentra Group Holdings Parent, Inc provides occupational health services in the United States. The company offers occupational and consumer health services, including workers’ compensation injury care, urgent care, clinical testing, preventative care, and employer services, as well as wellness programs through occupational health centers and onsite clinics.