While this happened, BofA Securities upgraded its Concentra Group Holdings Parent Inc [CON] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early October from “a Buy” to “a Neutral”. RBC Capital Mkts began covering CON with “an Outperform” recommendation on August 20, 2024. Wells Fargo started covering the stock on August 19, 2024. It rated CON as “an Overweight”.
Price Performance Review of CON
On Tuesday, Concentra Group Holdings Parent Inc [NYSE:CON] saw its stock fall -1.02% to $21.40. Over the last five days, the stock has lost -1.38%. Concentra Group Holdings Parent Inc shares have risen nearly 8.19% since the year began. SMA at 50 days reached $21.28, while 200 days put it at $21.70.
Levels Of Support And Resistance For CON Stock
The 24-hour chart illustrates a support level at 21.21, which if violated will result in even more drops to 21.02. On the upside, there is a resistance level at 21.60. A further resistance level may holdings at 21.81. The Relative Strength Index (RSI) on the 14-day chart is 50.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.60%. Stochastics %K at 60.58% indicates the stock is a holding.
The most recent change occurred on August 19, 2024 when Truist began covering the stock and recommended ‘”a Buy”‘ rating along with a $29 price target.
