New York: HealthEquity (NASDAQ:HQY) Stock Has Just Had Its Outperform Rating Reiterated by Barrington Research. Shares now Have a $38 Target

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HealthEquity (NASDAQ:HQY) Rating Reaffirmed

They currently have a $38 Estimated Target Price on HealthEquity (NASDAQ:HQY). The target price by Barrington Research would suggest a potential upside of 19.72% from the company’s previous close. This has been revealed to investors in a comprehensive report on Tuesday, 8 December.

From a total of 7 analysts covering HealthEquity Inc (NASDAQ:HQY) stock, 7 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 88% of the ratings are positive. The highest target price is $40 while the lowest target price is $34. The mean of all analyst targets is $37.14 with a 22.87% above today’s ($31.74) stock price. HealthEquity Inc was the topic of 3 analyst reports since August 18, 2015 according to the firm StockzIntelligence Inc. Barrington Research maintained shares on December 8 with “Outperform” rating.

The stock decreased 5.31% or $1.78 during the last trading session, striking $31.74. Approximately shares of stock traded hands. Healthequity Inc (NASDAQ:HQY) has risen 18.21% since May 6, 2015 and is uptrending. It has outperformed by 19.01% the S&P500.

HealthEquity, Inc. is a provider of a range of solutions for managing health care accounts ), Health Reimbursement Arrangements (HRAs) and Flexible Spending Accounts (FSAs)) for health plans, insurance companies and third-party administrators. The company has a market cap of $1.92 billion. The Firm is engaged in technology-enabled services platforms that allow clients to make healthcare saving and spending decisions. It has 124.16 P/E ratio. The Company’s platform provides an ecosystem where clients can access their tax-advantaged healthcare savings, compare treatment options and pricing, evaluate and pay healthcare bills, receive personalized benefit and clinical information, earn wellness incentives and make educated investment choices to grow their tax-advantaged healthcare savings.

According to Zacks Investment Research, “HealthEquity, Inc. is a technology-enabled services platforms that empower consumers to make healthcare saving and spending decisions. The Company’s platform provides an ecosystem where consumers can access their tax-advantaged healthcare savings, compare treatment options and pricing, evaluate and pay healthcare bills, receive personalized benefit and clinical information, earn wellness incentives, and make educated investment choices to grow their tax-advantaged healthcare savings. HealthEquity, Inc. is headquartered in Draper, Utah.” Get a free copy of the Zacks research report on Healthequity Inc (HQY).

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