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Enter Symbol:
 
SKILLED HEALTHCARE GROUP INC C (SKH) [hlAlert]

Rating:
Buy SKH
down 45.29 %

SKILLED HEALTHCARE GROUP INC C (SKH) rated Buy with price target $18 by Banc of America Sec

Posted on: Friday,  Sep 12, 2008  8:25 AM ET by Banc of America Sec

Banc of America Sec rated Buy SKILLED HEALTHCARE GROUP INC C (NYSE: SKH) on 09/12/2008. Previously Banc of America Sec rated Buy SKILLED HEALTHCARE GROUP INC
C (NYSE: SKH) on 06/25/2007., when the stock price was $16.03. Since then, SKILLED HEALTHCARE GROUP INC C has lost 45.29% as of 02/02/2015's recent price of $8.77.
If you would have followed the previous Banc of America Sec's recommendation on SKH, you would have lost 45.29% of your investment in 2779 days.

Skilled Healthcare Group, Inc. is a provider of integrated long-term healthcare services through its nursing companies and rehabilitation therapy business. The Company also provides other related healthcare services, including assisted living care and hospice care. During the year ended December 31, 2008, the Company owned or leased 75 skilled nursing facilities and 21 assisted living facilities, together comprising approximately 10,500 licensed beds. During 2008, the Company generated approximately 85% of its revenue from skilled nursing facilities, including integrated rehabilitation therapy services at its facilities. The Company operates in two business segments: long-term care services segment (LTC) and ancillary services segment. On April 1, 2008, the Company acquired the real property and assets of a 152-bed skilled nursing facility and an adjacent 34-unit assisted living facility located in Wichita, Kansas. On September 15, 2008, it acquired seven assisted living facilities.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/12/2008 8:25 AM Buy
None
15.48 18.00
as of 12/24/2008
1 Week down  -2.77 %
1 Month up  4.79 %
3 Months up  11.04 %
1 YTD down  -24.69 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/25/2007 9:25 AM Buy
None
16.03 19.00

(*) Stock Price at the time of the recommendation.
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