Analyst Price Target is GBX 2,873.67
▲ +40.66% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Craneware in the last 3 months. The average price target is GBX 2,873.67, with a high forecast of GBX 2,900 and a low forecast of GBX 2,850. The average price target represents a 40.66% upside from the last price of GBX 2,043.
Current Consensus is
Buy
The current consensus among 3 investment analysts is to buy stock in Craneware. This Buy consensus rating has held steady for over two years.
Founded in May 1999 by CEO Keith Neilson and co-founder Gordon Craig, Craneware launched its first product in October 1999 after signing its first customer contract the previous month. By the end of 2000, Craneware had more than 20 customers, setting the stage for the continuous growth to come, and in September 2007, Craneware listed on the AIM market of the London Stock Exchange.
In July 2021, after more than 20 years as the leading provider of revenue integrity solutions improving financial performance in U.S. hospital and health systems, Craneware announced the acquisition of Sentry Data Systems and Agilum Healthcare, optimizing an already-robust catalog of solutions with industry-leading 340B solutions and expertise. Founded in 2003, Sentry Data Systems followed similar growth in their market space, reaching $10M in annual revenue in 2009, establishing relationships with Walmart and Safeway in 2011, and marking 100M patient records in their data lake in 2019.
As The Craneware Group since March 2022, with a unified vision to transform the business of healthcare, Craneware enables healthcare organizations to optimize performance, improve financial sustainability, and drive strategic growth. The Trisus® cloud ecosystem unifies data, revenue intelligence, margin intelligence, and advanced analytics, and as a trusted Microsoft partner, we provide future-ready solutions-including the Best in KLAS Trisus Chargemaster-that simplify the complexities of healthcare finance and operations. What sets us apart is our unique combination of deep healthcare expertise and engineering excellence, positioning us as a strategic partner rather than just a technology provider. The Craneware Group empowers healthcare organizations to achieve sustainable financial success while delivering better outcomes for the communities they serve-today and in the future.
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