Target Healthcare REIT (LON:THRL – Get Free Report)’s share price hit a new 52-week high on Tuesday. The stock traded as high as GBX 117 and last traded at GBX 116.40, with a volume of 31,890 shares changing hands. The stock had previously closed at GBX 116.40.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group reiterated a “buy” rating and set a GBX 124 price target on shares of Target Healthcare REIT in a research report on Thursday, October 15th. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 124.
View Our Latest Stock Report on Target Healthcare REIT
Target Healthcare REIT Price Performance
The firm’s fifty day moving average is GBX 112.30 and its two-hundred day moving average is GBX 107.86. The firm has a market cap of £724.54 million, a price-to-earnings ratio of 8.77, a P/E/G ratio of 1.48 and a beta of 0.71.
Target Healthcare REIT (LON:THRL – Get Free Report) last released its earnings results on Wednesday, September 23rd. The company reported GBX 13.32 EPS for the quarter. Target Healthcare REIT had a net margin of 114.60% and a return on equity of 11.03%. On average, equities analysts forecast that Target Healthcare REIT will post 6.22 earnings per share for the current fiscal year.
Target Healthcare REIT Company Profile
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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