DaVita (DVA) Gets a Hold Rating from Raymond James

By Carrie Williams

In a report released today, John Ransom from Raymond James maintained a Hold rating on DaVita (DVAResearch Report). The company’s shares closed last Tuesday at $89.84, close to its 52-week high of $92.16.

According to TipRanks.com, Ransom is a 5-star analyst with an average return of 8.8% and a 60.2% success rate. Ransom covers the Healthcare sector, focusing on stocks such as Acadia Healthcare, Community Health, and HCA Healthcare.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DaVita with a $97.60 average price target.

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The company has a one-year high of $92.16 and a one-year low of $54.09. Currently, DaVita has an average volume of 970.3K.

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DaVita, Inc. engages in the provision of medical care services. It operates through the following two segments: US Dialysis and Related Lab Services; and Other-Ancillary Services and Strategic Initiatives. The US Dialysis and Related Lab Services segment offers kidney dialysis services in the United States for patients suffering from chronic kidney failure. The Other-Ancillary Services and Strategic Initiatives segment consist primarily of pharmacy services, disease management services, vascular access services, clinical research programs, physician services, direct primary care, end stage renal disease seamless care organizations, and comprehensive care. The company was founded in 1994 and is headquartered in Denver, CO.