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Enter Symbol:
 
Emergency Medical Services Corporation (EMS) [hlAlert]

Rating:
Hold EMS
down 31.76 %

Emergency Medical Services Corporation (EMS) upgraded to Hold with price target $38 by Citigroup

Posted on: Wednesday,  Jun 10, 2009  8:25 AM ET by Citigroup

Citigroup rated Hold Emergency Medical Services Corporation (NYSE: EMS) on 06/10/2009. Previously Citigroup rated Sell Emergency Medical Services Corporation (NYSE: EMS) on
04/29/2008., when the stock price was $23.35. Since then, Emergency Medical Services Corporation has gained 46.55% as of 06/10/2009's recent price of $34.22.
If you would have followed the previous Citigroup's recommendation on EMS, you would have lost 31.76% of your investment in 407 days.

Emergency Medical Services Corporation (EMSC) is a provider of emergency medical services in the United States. The Company operates its business and markets its services under the AMR and EmCare brands, which represent American Medical Response, Inc. and EmCare Holdings Inc., respectively. AMR is a provider of ambulance services in the United States. EmCare is a provider of outsourced emergency department staffing and related management services in the United States. During the year ended December 31, 2008, EMSC provided emergency medical services to approximately 11.4 million patients in more than 2,100 communities nationwide. The Company offers a range of emergency medical services through its two business segments: AMR and EmCare. In April 2008, the Company acquired Aldan Emergency Physicians, P.A. In August 2008, the Company acquired the management services entity of Clinical Partners, P.A. On October 20, 2008, the Company acquired Templeton Readings, LLC.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/10/2009 8:25 AM Hold
None
34.22 38.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  6.52 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/29/2008 8:25 AM Sell
None
23.35 15.00

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