Shares of Alignment Healthcare, Inc. ( NASDAQ:ALHC – Get Free Report ) have been assigned an average recommendation of “Hold” from the thirteen ratings firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $14.00.
ALHC has been the topic of several analyst reports. Raymond James Financial reissued an “outperform” rating on shares of Alignment Healthcare in a research report on Monday, October 12th. The Goldman Sachs Group restated a “buy” rating and issued a $12.00 price objective on shares of Alignment Healthcare in a report on Thursday, October 22nd. Needham & Company LLC began coverage on Alignment Healthcare in a research report on Wednesday, October 28th. They issued a “hold” rating on the stock. Barclays lowered their target price on Alignment Healthcare from $10.00 to $9.00 and set an “equal weight” rating on the stock in a research report on Friday, October 30th. Finally, Scotiabank set a $9.00 target price on Al...