Lazard Capital Analysts Begin Coverage on eHealth (EHTH)

By admin | 6 years ago

Equities research analysts at Lazard Capital started coverage on shares of eHealth (NASDAQ: EHTH) in a research note issued to investors on Wednesday. The firm set a “neutral” rating on the stock.

Separately, analysts at Bank of America (NYSE: BAC) downgraded shares of eHealth from a “buy” rating to a “neutral” rating in a research note to investors on Monday, April 2nd. They now have a $18.00 price target on the stock, down previously from $19.00.

eHealth traded down 1.92% on Wednesday, hitting $16.36. eHealth has a 52-week low of $11.60 and a 52-week high of $17.92. The company has a market cap of $320.5 million and a price-to-earnings ratio of 52.29.

eHealth last posted its quarterly earnings results on Thursday, April 26th. The company reported $0.17 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.08 by $0.09. eHealth’s revenue was down 1.3% compared to the same quarter last year. Analysts expect that eHealth will post $0.02 EPS next quarter.

eHealth, Inc. (eHealth) is an online source of health insurance for individuals, families and small businesses.

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