Stock analysts at StockNews.com started coverage on shares of Premier (NASDAQ:PINC – Get Rating) in a research report issued on Thursday. The brokerage set a “buy” rating on the stock.
Other equities research analysts have also issued reports about the company. Benchmark dropped their price target on Premier from $46.00 to $37.00 in a research report on Wednesday, May 3rd. Robert W. Baird downgraded Premier from an “outperform” rating to a “neutral” rating and cut their target price for the stock from $43.00 to $30.00 in a research note on Wednesday, May 3rd. SVB Leerink lowered their price target on shares of Premier from $46.00 to $42.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 8th. Barclays dropped their price objective on shares of Premier from $31.00 to $26.00 in a report on Wednesday, May 3rd. Finally, Raymond James downgraded shares of Premier from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 2nd. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $37.22.
Premier Stock Down 0.3 %
Shares of NASDAQ PINC opened at $26.90 on Thursday. The stock has a market cap of $3.20 billion, a PE ratio of 17.47, a P/E/G ratio of 1.17 and a beta of 0.28. The company has a current ratio of 0.72, a quick ratio of 0.62 and a debt-to-equity ratio of 0.05. Premier has a 12-month low of $25.91 and a 12-month high of $38.98. The company has a 50-day moving average of $30.95 and a 200 day moving average of $32.38.
Hedge Funds Weigh In On Premier
Premier Company Profile
Premier, Inc engages in the provision of healthcare improvement solutions. It operates through the Supply Chain Services and Performance Services segments. The Supply Chain Services segment includes healthcare group purchasing organization (GPO) programs in the United States, supply chain co-management, and direct sourcing activities.
- Get a free copy of the StockNews.com research report on Premier (PINC)
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