Ensign Group Reaches Analyst Target Price
July 24, 2017 at 08:50 AM EDT
In recent trading, shares of Ensign Group Inc (ENSG) have crossed above the average analyst 12-month target price of $22.60, changing hands for $22.70/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..