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
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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