Hanger (HNGR) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of Hanger (OTCMKTS:HNGR) from a sell rating to a hold rating in a research report released on Thursday, February 8th.

According to Zacks, “Hanger Orthopedic Group Inc. develops, acquires and operates orthotic and prosthetic patient-care centers. The Orthotics & Prosthetics centers are staffed by orthotists and prosthetists, who design, fabricate, fit and supervise the use of external musculoskeletal support devices and artificial limbs. The company also manufacture custom-made and prefabricated Orthotics & Prosthetics devices and are the country’s largest distributor of Orthotics & Prosthetics components and finished Orthotics & Prosthetics patient-care products. “

Other equities research analysts have also issued reports about the company. Stephens set a $17.00 price objective on Hanger and gave the stock a hold rating in a research report on Monday, January 22nd. ValuEngine upgraded Hanger from a buy rating to a strong-buy rating in a research note on Saturday, February 3rd.

Hanger (HNGR) opened at $14.84 on Thursday. Hanger has a 1 year low of $10.87 and a 1 year high of $18.00.

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About Hanger

Hanger, Inc is a rehabilitative product and service company. The Company delivers orthotic and prosthetic (O&P) patient care, products, services and therapeutic solutions. The Company offers advanced prosthetics and orthotics, clinically differentiated programs and unsurpassed customer service. The Company comprises nine business units that serve various segments of the O&P industry.

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