TD Cowen analyst Gary Taylor maintained a Buy rating on Alignment Healthcare (ALHC – Research Report) today and set a price target of $8.00. The company’s shares closed yesterday at $6.92.
Taylor covers the Healthcare sector, focusing on stocks such as Acadia Healthcare, UnitedHealth, and Agilon Health. According to TipRanks, Taylor has an average return of -1.0% and a 52.78% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Alignment Healthcare with a $9.50 average price target.
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ALHC market cap is currently $1.19B and has a P/E ratio of -7.26.
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Alignment Healthcare (ALHC) Company Description:
Alignment Healthcare Inc is a next-generation, consumer-centric platform that is revolutionizing the healthcare experience for seniors through Medicare Advantage plans. These plans are marketed and sold direct-to-consumer, allowing seniors to select the manner in which they receive healthcare coverage and services on an annual basis.
Read More on ALHC:
- Alignment Healthcare Reports Fourth Quarter and Full-Year 2023 Results; Provides Full-Year 2024 Financial Guidance
- ALHC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Alignment Healthcare to Announce Fourth Quarter and Full-Year 2023 Financial Results and Host Conference Call Tuesday, Feb. 27, 2024
- Alignment Healthcare price target lowered to $8.50 from $10.50 at Stephens
- Alignment Healthcare initiated with a Buy at Stifel
