Analysts Set Cross Country Healthcare, Inc. (NASDAQ:CCRN) Price Target at $18.54

Shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) have received a consensus recommendation of “Hold” from the four analysts that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $18.54.

A number of equities analysts have commented on CCRN shares. Barrington Research restated a “market perform” rating on shares of Cross Country Healthcare in a research report on Tuesday, December 10th. William Blair downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. StockNews.com began coverage on shares of Cross Country Healthcare in a report on Wednesday. They issued a “hold” rating for the company. Benchmark downgraded shares of Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th. Finally, 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 report on Thursday, December 5th.

Cross Country Healthcare Price Performance

Shares of NASDAQ:CCRN opened at $18.18 on Friday. The stock has a market cap of $598.49 million, a P/E ratio of -363.53, a P/E/G ratio of 3.35 and a beta of 0.46. Cross Country Healthcare has a 1-year low of $9.58 and a 1-year high of $23.15. The firm has a fifty day moving average price of $15.53 and a 200 day moving average price of $14.49.

Hedge Funds Weigh In On Cross Country Healthcare

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC lifted its position in shares of Cross Country Healthcare by 337.6% in the third quarter. Jane Street Group LLC now owns 181,492 shares of the business services provider’s stock worth $2,439,000 after purchasing an additional 140,013 shares in the last quarter. PDT Partners LLC acquired a new position in Cross Country Healthcare during the third quarter valued at approximately $856,000. Barclays PLC grew its holdings in Cross Country Healthcare by 117.5% during the third quarter. Barclays PLC now owns 80,277 shares of the business services provider’s stock valued at $1,078,000 after purchasing an additional 43,372 shares during the last quarter. Royce & Associates LP grew its stake in shares of Cross Country Healthcare by 51.4% in the third quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider’s stock worth $15,222,000 after acquiring an additional 384,374 shares during the last quarter. Finally, Systematic Financial Management LP grew its stake in shares of Cross Country Healthcare by 8.5% in the third quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider’s stock worth $22,347,000 after acquiring an additional 130,746 shares during the last quarter. Institutional investors own 96.03% of the company’s stock.

About Cross Country Healthcare

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.