Published On: Wed, Oct 19th, 2016

Healthcare Services Group, Inc. (NASDAQ:HCSG) Latest Broker Coverage


A number of investment brokers have recently updated their price targets on shares of Healthcare Services Group, Inc. (NASDAQ:HCSG).

Most recent broker ratings

09/16/2016 – Robert W. Baird began new coverage on Healthcare Services Group, Inc. giving the company a “outperform” rating. They now have a USD 46 price target on the stock.

09/07/2016 – Healthcare Services Group, Inc. was downgraded to “market perform” by analysts at William Blair.

07/13/2016 – Healthcare Services Group, Inc. had its “buy” rating reiterated by analysts at UBS. They now have a USD 48 price target on the stock.

07/13/2016 – Healthcare Services Group, Inc. had its “hold” rating reiterated by analysts at Jefferies. They now have a USD 41 price target on the stock.

04/13/2016 – Healthcare Services Group, Inc. had its “buy” rating reiterated by analysts at Stifel Nicolaus. They now have a USD 40 price target on the stock.

05/04/2015 – Healthcare Services Group, Inc. was downgraded to “sell” by analysts at Zacks.

01/10/2014 – RBC Capital began new coverage on Healthcare Services Group, Inc. giving the company a “outperform” rating. They now have a USD 32 price target on the stock.

10/25/2013 – Healthcare Services Group, Inc. had its “buy” rating reiterated by analysts at Wunderlich. They now have a USD 30 price target on the stock.

The share price of Healthcare Services Group, Inc. (NASDAQ:HCSG) was down -0.27% during the last day of trading, with a day high of 38.01. 217667 shares were traded during the last session.

The stock’s 50 day moving average is 38.83 and its 200 day moving average is 38.80. The stock’s market capitalization is 2.72B. Healthcare Services Group, Inc. has a 52-week low of 31.50 and a 52-week high of 42.18.

Healthcare Services Group, Inc. provides management, administrative and operating services to the housekeeping, laundry, linen, facility maintenance and dietary service departments of the healthcare industry. The Company caters to nursing homes, retirement complexes, rehabilitation centers and hospitals located in the United States. The Company’s segments include Housekeeping and Dietary. The Housekeeping segment consists of housekeeping, laundry and linen services and involves the management of a client’s housekeeping department, which is responsible for the cleaning, disinfecting and sanitizing resident areas in the client’s facilities. The Dietary segment includes dietary department services, which is responsible for food purchasing, meal preparation and providing professional dietitian consulting services, which include the development of a menu that meets a patient’s dietary needs. The Company provides its services to the long-term care industry in the United States.