Cardinal Health (CAH) Stock: $51 Price Target And Hold Rating

By Amit Chowdhry ● May 8, 2022
  • The shares of Cardinal Health (NYSE: CAH) have received a $51 price target from Deutsche Bank. These are the details.

The shares of Cardinal Health (NYSE: CAH) have received a $51 price target from Deutsche Bank. And Deutsche Bank analyst George Hill is maintaining a “Hold” rating on the shares.

Hill adjusted the rating following the company’s third-quarter results. Cardinal Health reported a Q3 EPS of $1.45, which was $0.07 less than analyst estimates of $1.52. And the revenue for the quarter was $44.8 billion compared to the consensus estimate of $43.3 billion.

In terms of guidance, Cardinal Health expects an FY2022 EPS of between $5.15-$5.25, compared to the consensus of $5.29.

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