Concentra Group Holdings Inc. (CON) priced its initial public offering (IPO) at $23.50 per share, attracting positive analyst attention from RBC Capital Markets. The firm highlights Concentra’s unique business model with strong growth potential and minimal regulatory risks, leading to an Outperform rating and a price target of $33.
Deutsche Bank analyst Justin Bowers initiated coverage on Concentra Group Holdings (CON) with a Buy rating and a $29 price target, citing the company’s strong fundamentals and growth potential. Bowers highlights Concentra’s high-quality healthcare services, mid-teens FCF per share growth potential, and superior center-level margins. The analyst expects Concentra’s inorganic growth to accelerate driven by its strong balance sheet and M&A capabilities.
