Truist has increased its price target for Molina Healthcare (MOH, Financial) shares from $340 to $400, maintaining a Buy rating. This adjustment is part of a comprehensive research note preparing for the forthcoming Q1 results in the Healthcare Services sector.
The healthcare sector appears to be in a strong position amidst a dynamic market landscape. With its largely domestic operations and robust cash flow generation, Molina Healthcare is seen as a defensive player within the industry. Despite ongoing regulatory developments, the final ruling on Medicare Advantage supports an anticipated improvement in the operating environment.
Investors are advised that while regulatory changes remain significant, the overall outlook for Molina Healthcare and its peers seems positive, driven by the company's strategic positioning and financial stability.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Molina Healthcare Inc (MOH, Financial) is $340.39 with a high estimate of $400.00 and a low estimate of $279.00. The average target implies an downside of 0.67% from the current price of $342.68. More detailed estimate data can be found on the Molina Healthcare Inc (MOH) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, Molina Healthcare Inc's (MOH, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Molina Healthcare Inc (MOH, Financial) in one year is $456.39, suggesting a upside of 33.18% from the current price of $342.68. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Molina Healthcare Inc (MOH) Summary page.
