Healthequity (HQY) Receives a Rating Update from a Top Analyst

By Jason Carr

Robert W. Baird analyst Mark Marcon maintained a Hold rating on Healthequity (HQYResearch Report) today and set a price target of $47.00. The company’s shares closed last Monday at $41.34, close to its 52-week low of $36.48.

According to TipRanks.com, Marcon is a top 100 analyst with an average return of 27.1% and a 72.5% success rate. Marcon covers the Services sector, focusing on stocks such as AMN Healthcare Services, Resources Connection, and Korn Ferry.

Healthequity has an analyst consensus of Strong Buy, with a price target consensus of $67.63.

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Healthequity’s market cap is currently $3.13B and has a P/E ratio of 51.75. The company has a Price to Book ratio of 3.07.

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HealthEquity, Inc. provides range of solutions for managing health care accounts. The firm’s offers its solutions for employers, health planbs, brokers, consultants and financial advisors.