Target Healthcare REIT (LON:THRL) Posts Earnings Results

Target Healthcare REIT (LON:THRLGet Free Report) announced its earnings results on Wednesday. The company reported GBX 13.32 EPS for the quarter, Digital Look Earnings reports. Target Healthcare REIT had a return on equity of 11.03% and a net margin of 114.60%.

Target Healthcare REIT Trading Up 0.3%

Shares of Target Healthcare REIT stock opened at GBX 114.34 on Wednesday. Target Healthcare REIT has a 1 year low of GBX 92 and a 1 year high of GBX 117. The company has a market cap of £709.16 million, a P/E ratio of 9.10, a P/E/G ratio of 1.48 and a beta of 0.71. The stock has a 50-day moving average price of GBX 112.21 and a 200 day moving average price of GBX 107.75.

Target Healthcare REIT News Summary

Here are the key news stories impacting Target Healthcare REIT this week:

Wall Street Analysts Forecast Growth

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, August 5th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of GBX 101.

Get Our Latest Analysis on Target Healthcare REIT

About Target Healthcare REIT

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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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