Shares of Castlight Health Inc (NYSE:CSLT) have been given an average recommendation of “Hold” by the nine analysts that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $5.31.
CSLT has been the topic of several research analyst reports. Cantor Fitzgerald restated a “hold” rating and issued a $5.00 price objective on shares of Castlight Health in a report on Wednesday, October 25th. Chardan Capital reduced their price objective on shares of Castlight Health from $6.50 to $6.30 and set a “buy” rating on the stock in a report on Thursday, October 26th. Canaccord Genuity restated a “buy” rating and issued a $7.00 price objective on shares of Castlight Health in a report on Thursday, October 26th. Zacks Investment Research upgraded shares of Castlight Health from a “hold” rating to a “buy” rating and set a $4.50 price objective on the stock in a report on Monday, October 30th. Finally, BidaskClub lowered shares of Castlight Health from a “sell” rating to a “strong sell” rating in a report on Thursday, November 9th.
Shares of Castlight Health (NYSE:CSLT) opened at $3.85 on Tuesday. The stock has a market cap of $514.89, a PE ratio of -8.19 and a beta of 1.57. Castlight Health has a fifty-two week low of $3.10 and a fifty-two week high of $4.75. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.94 and a quick ratio of 1.94.
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About Castlight Health
Castlight Health, Inc offers a health benefits platform that engages employees to make healthcare decisions, and enables employers to communicate and measure their benefit programs. The Company operates through cloud-based products segment. Its technology offering aggregates data and applies analytics to make healthcare data transparent.
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