RMR Group Inc. (RMR) Research Coverage Started at JMP Securities
Equities research analysts at JMP Securities started coverage on shares of RMR Group Inc. (NASDAQ:RMR) in a report issued on Wednesday, StockTargetPrices.com reports. The firm set a “mkt perform” rating on the stock.
Separately, FBR & Co downgraded RMR Group from an “outperform” rating to a “marketperform” rating in a research report on Wednesday, August 10th.
RMR Group (NASDAQ:RMR) traded down 0.61% during midday trading on Wednesday, hitting $37.62. The stock had a trading volume of 22,545 shares. The company has a market cap of $602.18 million and a PE ratio of 16.63. RMR Group has a 12-month low of $11.89 and a 12-month high of $40.67. The firm has a 50-day moving average of $38.55 and a 200-day moving average of $32.62.
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About RMR Group
The RMR Group Inc, formerly Reit Management & Research Inc, is a holding company. The Company holds interests in and is the managing member of The RMR Group LLC (RMR LLC). The Company’s business primarily consists of providing management services to four real estate investment trusts (REITs), namely, Government Properties Income Trust (GOV), Hospitality Properties Trust (HPT), Select Income REIT (SIR) and Senior Housing Properties Trust, and three real estate operating companies, namely, Five Star Quality Care, Inc (Five Star), Sonesta International Hotels Corporation and TravelCenters of America LLC.
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