Target Healthcare REIT (LON:THRL – Get Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 111.93 and traded as high as GBX 112. Target Healthcare REIT shares last traded at GBX 109, with a volume of 1,369,040 shares.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 101 target price on shares of Target Healthcare REIT in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 101.
Target Healthcare REIT Stock Performance
The firm has a 50 day moving average price of GBX 111.98 and a two-hundred day moving average price of GBX 107.32. The company has a market cap of £700.87 million, a P/E ratio of 8.99, a P/E/G ratio of 1.48 and a beta of 0.71.
About Target Healthcare REIT
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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