# Laboratory Corporation of America Holdings – Consensus ‘buy’ rating and 14.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/laboratory-corporation-of-america-holdings-consensus-buy-rating-and-14.3-upside-potential/4121133711
- Published: 2023-11-22T12:48:00+00:00
- Author: Charlotte Edwards

**Laboratory Corporation of America Holdings** with ticker code (LH) have now 13
confirmed analysts covering the stock with the consensus suggesting a rating of ‘
buy’. The target price High/Low ranges between $270.00 and $210.00 calculating the
average target price we see $241.31. Given that the stocks previous close was at
$211.10 this would indicate that there is a potential upside of 14.3%. The 50 day
MA is $203.67 and the 200 day MA is $202.25. The market capitalization for the company
is 18.03B. The stock price for the company is currently $212.37 USD

 The potential market cap would be $20,610,472,421 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 21.87, revenue per share of $171.07
and a 5.33% return on assets.

Laboratory Corporation of America Holdings is a global life sciences company. The
Company provides information to help doctors, hospitals, pharmaceutical companies,
researchers, and patients make decisions. The Company’s segments include Labcorp
Diagnostics (Dx) and Labcorp Drug Development (DD). The Dx segment is an independent
clinical laboratory business. It offers a menu of frequently requested and specialty
diagnostic tests through an integrated network of primary and specialty laboratories
across the United States. In addition to diagnostic testing along with occupational
and wellness testing for employers and forensic DNA analysis, Dx segment also offers
a range of other testing services. The DD segment is a contract research organizations
business that provides end-to-end drug development services. The DD segment provides
these services predominantly to pharmaceutical, biotechnology and medical device
companies across the world. It serves clients in more than 100 countries.

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