Cantor Fitzgerald reiterated their overweight rating on shares of eHealth (NASDAQ:EHTH) in a report issued on Friday, BenzingaRatingsTable reports. The brokerage currently has a $150.00 target price on the financial services provider’s stock, up from their previous target price of $120.00.
Several other equities analysts have also recently commented on the company. Evercore ISI set a $125.00 target price on eHealth and gave the company a buy rating in a research note on Friday, September 27th. Zacks Investment Research downgraded shares of eHealth from a strong-buy rating to a hold rating in a research report on Monday, December 30th. Credit Suisse Group upgraded shares of eHealth to an outperform rating in a research note on Friday, September 27th. Royal Bank of Canada set a $111.00 price target on shares of eHealth and gave the company a buy rating in a report on Friday, October 25th. Finally, ValuEngine downgraded shares of eHealth from a buy rating to a hold rating in a research note on Wednesday, October 2nd. Two investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. eHealth presently has an average rating of Buy and a consensus target price of $140.70.
Shares of EHTH opened at $121.96 on Friday. The company has a market capitalization of $2.85 billion, a P/E ratio of 420.57 and a beta of 1.16. eHealth has a one year low of $49.19 and a one year high of $130.00. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.06 and a current ratio of 2.07. The stock has a 50-day moving average price of $97.24 and a 200 day moving average price of $86.04.
Large investors have recently modified their holdings of the business. Parametric Portfolio Associates LLC lifted its position in shares of eHealth by 18.7% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 70,004 shares of the financial services provider’s stock worth $6,027,000 after buying an additional 11,014 shares during the last quarter. US Bancorp DE boosted its holdings in shares of eHealth by 2,002.8% in the 2nd quarter. US Bancorp DE now owns 757 shares of the financial services provider’s stock valued at $65,000 after buying an additional 721 shares during the period. BlackRock Inc. grew its position in shares of eHealth by 1.0% during the 2nd quarter. BlackRock Inc. now owns 2,952,554 shares of the financial services provider’s stock valued at $254,213,000 after buying an additional 29,842 shares during the last quarter. Private Advisor Group LLC bought a new stake in shares of eHealth during the 2nd quarter valued at about $278,000. Finally, Vanguard Group Inc. grew its position in shares of eHealth by 11.2% during the 2nd quarter. Vanguard Group Inc. now owns 1,271,657 shares of the financial services provider’s stock valued at $109,490,000 after buying an additional 127,807 shares during the last quarter.
eHealth Company Profile
eHealth, Inc provides private health insurance exchange services to individuals, families, and small businesses in the United States and China. The company operates through two segments, Medicare; and Individual, Family and Small Business. Its e-commerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare, and purchase a range of health insurance plans.
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