Skip to content

Universal Health upgraded to buy by Mizuho

March 27, 2017

Mizuho Securities upgraded Universal Health Services (NYSE: UHS) from Neutral to Buy with a price target of $138.00 (from $133.00).

Analyst Ann Hynes comments “With the collapse of the proposed legislation, the ACHA, we think earnings visibility improves. We are raising our price target to $138 from $133, driven by the increase in the forward EV/EBTIDA multiple (to 8.0x from 7.0x) we put on the acute care business EBITDA in our sum-of-the-parts analysis. We think UHS’s acute care business deserves to trade at the 8.0x multiple given its industry leading same-store revenue trends of high-single digits.”

http://bit.ly/2nchQQF

Advertisements

From → Uncategorized

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: