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down 0.90 %

SKILLED HEALTHCARE GROUP INC C (SKH) rated Outperform with price target $13 by Oppenheimer

Posted on: Friday,  Apr 3, 2009  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform SKILLED HEALTHCARE GROUP INC C (NYSE: SKH) on 04/03/2009, when the stock price was $8.85.
Since then, SKILLED HEALTHCARE GROUP INC C has lost 0.90% as of 02/02/2015's recent price of $8.77.
If you would have followed this Oppenheimer's recommendation on SKH, you would have lost 0.9% of your investment in 2131 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.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/3/2009 8:25 AM Buy
8.85 13.00
as of 12/31/2009
1 Week up  36.53 %
1 Month up  53.01 %
3 Months up  29.38 %
1 YTD up  17.40 %

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