Target Healthcare REIT (LON:THRL) Sets New 1-Year High – Here’s What Happened

Target Healthcare REIT (LON:THRLGet Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as GBX 110 and last traded at GBX 106.36, with a volume of 1300578 shares. The stock had previously closed at GBX 107.60.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a “hold” rating and set a GBX 101 target price on shares of Target Healthcare REIT in a report on Wednesday, May 6th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of GBX 101.

Read Our Latest Analysis on Target Healthcare REIT

Target Healthcare REIT Price Performance

The stock has a market capitalization of £660.24 million, a P/E ratio of 8.47, a PEG ratio of 1.48 and a beta of 0.69. The stock’s fifty day moving average is GBX 103.37 and its two-hundred day moving average is GBX 100.87.

Target Healthcare REIT (LON:THRLGet Free Report) last issued its earnings results on Wednesday, March 18th. The company reported GBX 3.38 earnings per share for the quarter. Target Healthcare REIT had a net margin of 104.45% and a return on equity of 10.73%. Analysts expect that Target Healthcare REIT will post 6.2219101 EPS for the current year.

Target Healthcare REIT Company Profile

(Get Free Report)

Our investment objective is to provide shareholders with an attractive level of income together with the potential for capital and income growth, from a portfolio of UK care homes, diversified by tenant, geography, and resident payment profile. We only invest in modern, purpose-built homes.

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