Analysts give SCA shares ‘hold’ rating — 4 notes

Eight research firms issued Deerfield, Ill.-based Surgical Care Affiliates a “hold” rating, according to the Daily Quint.

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Here are four notes:

1. Among analysts covering the shares, the 12-month average price target totals $48.50.

2. On Dec. 5, 2016, TheStreet increased SCA’s rating from a “hold” to a “buy” rating.

3. SCA shares have a 50-day moving average of $52.18 and 200-day moving average of $46.60.

4. The company’s market cap totals $2.28 billion.

More articles on surgery centers:
Bay Area Regional Medical Center, Medistar team up on ASC — 4 things to know
SurgCenter Development opens 12th center in Florida; AmSurg earnings per share total $1.13 in Q3 & more — 5 ASC company notes
SurgCenter of St. Lucie opens its doors: 5 points

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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