Cross Country Healthcare’s (CCRN) Market Perform Rating Reiterated at Barrington Research

Barrington Research reaffirmed their market perform rating on shares of Cross Country Healthcare (NASDAQ:CCRN) in a report released on Friday,Benzinga reports. Barrington Research currently has a $18.61 price objective on the business services provider’s stock.

A number of other equities research analysts have also commented on CCRN. William Blair lowered shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Truist Financial raised their target price on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a research report on Thursday, December 5th. Benchmark downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. JMP Securities reaffirmed a “market perform” rating on shares of Cross Country Healthcare in a research report on Thursday, February 6th. Finally, StockNews.com started coverage on shares of Cross Country Healthcare in a research report on Wednesday, March 12th. They issued a “hold” rating for the company. Six equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, Cross Country Healthcare currently has a consensus rating of “Hold” and an average target price of $18.41.

Cross Country Healthcare Stock Down 1.1 %

Shares of NASDAQ:CCRN opened at $15.58 on Friday. Cross Country Healthcare has a 12 month low of $9.58 and a 12 month high of $19.25. The company’s fifty day simple moving average is $17.68 and its 200 day simple moving average is $15.18. The firm has a market cap of $511.23 million, a price-to-earnings ratio of -311.54, a PEG ratio of 3.32 and a beta of 0.44.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Quadrant Capital Group LLC bought a new position in shares of Cross Country Healthcare in the 4th quarter valued at about $25,000. Truvestments Capital LLC bought a new position in shares of Cross Country Healthcare in the 3rd quarter valued at about $39,000. Plato Investment Management Ltd bought a new position in shares of Cross Country Healthcare in the 4th quarter valued at about $46,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Cross Country Healthcare in the 3rd quarter valued at about $49,000. Finally, Point72 DIFC Ltd bought a new position in shares of Cross Country Healthcare in the 3rd quarter valued at about $52,000. Institutional investors own 96.03% of the company’s stock.

Cross Country Healthcare Company Profile

Cross Country Healthcare, Inc provides talent management and other consultative services for healthcare clients in the United States. The company’s Nurse and Allied Staffing segment provides traditional staffing, recruiting, and value-added total talent solutions, including temporary and permanent placement of travel and local nurse and, allied professionals; temporary placement of healthcare leaders within nursing, allied, physician, and human resources; vendor neutral and managed services programs; education healthcare services; in-home care services; and outsourcing services.