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Stock analysts at CIBC began coverage on shares of Healthlease Properties (TSE:HLP.UN) in a report issued on Thursday, Stock Ratings News reports. The firm set an “outperform” rating and a C$11.50 price target on the stock.

The company also recently announced a Monthly dividend, which is scheduled for Tuesday, February 18th. Shareholders of record on Tuesday, February 18th will be paid a dividend of 0.0708 per share. This represents a dividend yield of 8.3%. The ex-dividend date is Wednesday, January 29th.

Separately, analysts at National Bank Financial reiterated an “outperform” rating on shares of Healthlease Properties in a research note to investors on Tuesday, November 12th. They now have a C$12.00 price target on the stock. Four research analysts have rated the stock with a buy rating, Healthlease Properties currently has an average rating of “Buy” and an average price target of C$11.44.

HealthLease Properties Real Estate Investment Trust is an open-ended real estate investment. The Company has been formed to own, develop and acquire seniors housing and care properties, which are leased to experienced operators.

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