RBC Capital analyst Ben Hendrix maintains $Encompass Health (EHC.US)$ with a buy rating, and adjusts the target price from $105 to $110.
According to TipRanks data, the analyst has a success rate of 55.8% and a total average return of 8.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Encompass Health (EHC.US)$'s main analysts recently are as follows:
Encompass Health's recent earnings results were described as 'refreshing' and serve to underscore its 'exceptionally strong fundamentals,' which are considered to be largely shielded from the impending election-related risks.
The firm suggests that Encompass Health's third-quarter outcomes appear robust, marked by a 4% EBITDA outperformance due to better same-store volumes. The firm remains positive on Encompass Health's equity, citing solid fundamentals and resistance to election-related fluctuations.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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