Analyst Price Target is $13.80
▲ +22.12% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Healthcare Services Group in the last 3 months. The average price target is $13.80, with a high forecast of $17.00 and a low forecast of $12.00. The average price target represents a 22.12% upside from the last price of $11.30.
Current Consensus is
Hold
The current consensus among 5 contributing investment analysts is to hold stock in Healthcare Services Group. This rating changed within the last month from a Moderate Buy consensus rating.
Healthcare Services Group, Inc. provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. It operates through two segments, Housekeeping and Dietary. The Housekeeping segment engages in the cleaning, disinfecting, and sanitizing of resident rooms and common areas of the customers' facilities, as well as laundering and processing of the bed linens, uniforms, resident personal clothing, and other assorted linen items utilized at the customers' facilities. The Dietary segment provides food purchasing, meal preparation, and professional dietitian services, which include the development of menus that meet the dietary needs of residents; and on-site management and clinical consulting services to facilities. It serves long-term and post-acute care facilities, hospitals, and the healthcare industry through referrals and solicitation of target facilities. The company was incorporated in 1976 and is based in Bensalem, Pennsylvania.
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