The Brokerages Set Cardinal Health, Inc. (CAH) Price Target at $88.08

Marco Green
November 14, 2017

Teachers Advisors LLC boosted its holdings in Cardinal Health by 3.8% during the 1st quarter. It is 0.00% or $0 reaching $58.55 per share. State of Alaska Department of Revenue now owns 8,773 shares of the company's stock worth $682,000 after purchasing an additional 618 shares during the period. Cardinal Health Inc (NYSE:CAH) has declined 4.95% since November 12, 2016 and is downtrending. It has underperformed by 13.38% the S&P500.

Focused Investors Llc decreased Microsoft Corp. Huntington National Bank's holdings in Cardinal Health were worth $5,632,000 as of its most recent filing with the Securities and Exchange Commission (SEC). (MSFT)'s stock rose 4.75%. The institutional investor held 1.28M shares of the health care company at the end of 2017Q2, valued at $99.64M, up from 1.23M at the end of the previous reported quarter. Cardinal Health Inc. now has $18.03B valuation.

More notable recent Cardinal Health Inc (NYSE:CAH) news were published by: which released: "Cardinal Health shareholders grill CEO George Barrett on opioids" on November 09, 2017, also with their article: "Cardinal Health Shares Cross 3% Yield Mark" published on October 27, 2017, published: "UPDATE 2-Drug distributor Cardinal Health names Mike Kaufmann as new CEO" on November 06, 2017. About 19.40 million shares traded. Synovus Financial Corp. (NYSE:SNV) has risen 33.10% since November 13, 2016 and is uptrending. Kelly Lawrence W Assocs Ca holds 0% in Cardinal Health Inc (NYSE:CAH) or 93 shares. Therefore 28% are positive. Finally, Eqis Capital Management Inc. increased its stake in shares of Cardinal Health by 6.4% in the 2nd quarter. The rating was downgraded by William Blair on Wednesday, April 19 to "Market Perform". UBS initiated the shares of CAH in report on Thursday, October 6 with "Neutral" rating. The firm earned "Hold" rating on Friday, June 10 by TD Securities. Wells Fargo downgraded the shares of SNV in report on Tuesday, August 23 to "Underperform" rating. (NYSE:SNV), 7 have Buy rating, 1 Sell and 10 Hold. Deutsche Bank maintained it with "Hold" rating and $89 target in Thursday, August 4 report.

Among 18 analysts covering Cardinal Health (NYSE:CAH), 5 have Buy rating, 0 Sell and 13 Hold. Parametric Associate Limited Liability invested 0.07% in Cardinal Health Inc (NYSE:CAH). Investors of record on Tuesday, January 2nd will be issued a $0.4624 dividend. Its up 0.03, from 0.84 in 2017Q1. 0 funds opened positions while 1 raised stakes. 273.65 million shares or 1.23% more from 270.34 million shares in 2017Q1 were reported. BlackRock Inc. now owns 22,843,418 shares of the company's stock worth $1,779,958,000 after acquiring an additional 1,398,496 shares during the last quarter. Cipher Capital Lp accumulated 0.06% or 9,647 shares. The original version of this story can be viewed at Moreover, State Board Of Administration Of Florida Retirement Systems has 0.1% invested in Cardinal Health Inc (NYSE:CAH) for 468,303 shares. 187 were accumulated by Peoples Financial Serv. The stock of Cardinal Health Inc (NYSE:CAH) has "Hold" rating given on Friday, September 8 by Needham. Dimensional Fund Advisors LP boosted its holdings in Cardinal Health by 3.4% during the 1st quarter. The company's quarterly revenue was up 1.9% on a year-over-year basis. research analysts predict that Cardinal Health, Inc. will post 4.97 EPS for the current year. Ww Asset Mgmt owns 34,336 shares for 0.09% of their portfolio.

Several other hedge funds also recently added to or reduced their stakes in the company. Cardinal Health had a return on equity of 25.20% and a net margin of 1.08%. Cardinal Health, Inc. (NYSE:CAH) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. The company has market cap of $18.46 billion. The Firm operates through three divisions: Hughes, EchoStar Technologies and EchoStar Satellite Services (ESS). It has a 14.87 P/E ratio. As per Tuesday, August 29, the company rating was maintained by Jefferies. Therefore 56% are positive. RBC Capital Markets maintained it with "Outperform" rating and $95 target in Thursday, February 11 report. J.P. Morgan maintained Grainger PLC (LON:GRI) on Wednesday, December 16 with "Neutral" rating.

A number of analysts recently issued reports on CAH shares. The firm has "Market Perform" rating by Raymond James given on Wednesday, April 20. The rating was maintained by Credit Suisse with "Buy" on Thursday, July 13. FBR Capital has "Outperform" rating and $100 target. The company was maintained on Thursday, August 3 by Credit Suisse.

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