BioScrip (BIOS) Upgraded at BidaskClub

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BioScrip (NASDAQ:BIOS) was upgraded by stock analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Friday.

A number of other equities research analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of BioScrip from a “hold” rating to a “sell” rating in a research report on Thursday, January 3rd. Canaccord Genuity assumed coverage on shares of BioScrip in a research report on Wednesday, December 12th. They set a “buy” rating and a $5.00 price target for the company. Lake Street Capital lifted their price target on shares of BioScrip from $4.50 to $10.00 and gave the company a “buy” rating in a research report on Friday, December 7th. Finally, TheStreet upgraded shares of BioScrip from a “d+” rating to a “c-” rating in a report on Monday, November 26th. Two analysts have rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $5.63.

Shares of BIOS opened at $3.49 on Friday. BioScrip has a 1-year low of $2.31 and a 1-year high of $4.14. The stock has a market cap of $458.38 million, a price-to-earnings ratio of -7.93 and a beta of 0.76.

Several hedge funds have recently made changes to their positions in the stock. Venor Capital Management LP grew its holdings in shares of BioScrip by 0.3% in the third quarter. Venor Capital Management LP now owns 14,475,087 shares of the company’s stock valued at $44,873,000 after purchasing an additional 50,000 shares in the last quarter. BlackRock Inc. grew its holdings in shares of BioScrip by 28.8% in the fourth quarter. BlackRock Inc. now owns 9,807,734 shares of the company’s stock valued at $35,013,000 after purchasing an additional 2,191,490 shares in the last quarter. Vanguard Group Inc grew its holdings in shares of BioScrip by 0.5% in the third quarter. Vanguard Group Inc now owns 5,987,679 shares of the company’s stock valued at $18,562,000 after purchasing an additional 27,904 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of BioScrip by 0.5% in the third quarter. Vanguard Group Inc. now owns 5,987,679 shares of the company’s stock valued at $18,562,000 after purchasing an additional 27,904 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of BioScrip by 7.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,617,021 shares of the company’s stock valued at $9,342,000 after purchasing an additional 180,389 shares in the last quarter. Hedge funds and other institutional investors own 82.61% of the company’s stock.

BioScrip Company Profile

BioScrip, Inc provides infusion solutions in the United States. It engages in the preparation, delivery, administration, and clinical monitoring of pharmaceutical treatments that are administered to a patient through intravenous, subcutaneous, intramuscular, intra-spinal, and enteral methods. The company is primarily involved in the intravenous administration of medications to treat a range of acute and chronic conditions, such as infections, nutritional deficiencies, immunologic and neurologic disorders, cancer, pain, and palliative care.

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