Compass Point Downgrades Global Medical REIT Inc (GMRE) to Neutral
Global Medical REIT Inc (NYSE:GMRE) was downgraded by Compass Point from a “buy” rating to a “neutral” rating in a report released on Tuesday, StockTargetPrices.com reports.
Separately, DA Davidson restated a “buy” rating on shares of Global Medical REIT in a research note on Monday, July 25th.
Global Medical REIT (NYSE:GMRE) traded down 2.445% during mid-day trading on Tuesday, hitting $10.175. The stock had a trading volume of 77,962 shares. The stock’s market cap is $179.13 million. The firm has a 50-day moving average of $10.62 and a 200-day moving average of $10.55. Global Medical REIT has a 52-week low of $9.52 and a 52-week high of $11.38.
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About Global Medical REIT
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