Healthcare Services Gets a Hold Rating from Robert W. Baird

By Austin Angelo

Robert W. Baird analyst Andrew Wittmann reiterated a Hold rating on Healthcare Services (NASDAQ: HCSG) yesterday and set a price target of $48. The company’s shares closed yesterday at $40.64, close to its 52-week low of $38.26.

According to, Wittmann is a 3-star analyst with an average return of 4.0% and a 56.7% success rate. Wittmann covers the Basic Materials sector, focusing on stocks such as Jacobs Engineering, Mistras Group Inc, and Quanta Services.

Healthcare Services has an analyst consensus of Hold, with a price target consensus of $48.

The company has a one-year high of $56.20 and a one-year low of $38.26. Currently, Healthcare Services has an average volume of 1.15M.

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. Last month, Robert J. Moss, a Director at HCSG sold 2,000 shares for a total of $89,000.

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Healthcare Services Group, Inc. engages in the provision of keeping, laundry, and dietary services to long-term care and related health care facilities. It operates its business through the Housekeeping and Dietary segments.