Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) has received an average rating of “Hold” from the twelve brokerages that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $25.33.

Several research analysts recently weighed in on SBRA shares. BidaskClub upgraded shares of Sabra Healthcare REIT from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Capital One Financial Corporation started coverage on shares of Sabra Healthcare REIT in a report on Monday, September 25th. They set an “equal weight” rating and a $24.00 price target on the stock. Zacks Investment Research cut shares of Sabra Healthcare REIT from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. Stifel Nicolaus restated a “hold” rating and set a $26.00 price target on shares of Sabra Healthcare REIT in a report on Friday, July 28th. Finally, Bank of America Corporation boosted their price target on shares of Sabra Healthcare REIT from $21.00 to $22.00 and gave the stock an “underperform” rating in a report on Friday, September 8th.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Sabra Healthcare REIT by 9.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,151 shares of the real estate investment trust’s stock valued at $100,000 after acquiring an additional 352 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in Sabra Healthcare REIT by 15.7% in the second quarter. Daiwa Securities Group Inc. now owns 5,900 shares of the real estate investment trust’s stock valued at $142,000 after acquiring an additional 800 shares during the last quarter. Riverhead Capital Management LLC boosted its stake in Sabra Healthcare REIT by 96.0% in the second quarter. Riverhead Capital Management LLC now owns 6,861 shares of the real estate investment trust’s stock valued at $165,000 after acquiring an additional 3,361 shares during the last quarter. Flinton Capital Management LLC boosted its stake in Sabra Healthcare REIT by 96.1% in the second quarter. Flinton Capital Management LLC now owns 6,868 shares of the real estate investment trust’s stock valued at $165,000 after acquiring an additional 3,366 shares during the last quarter. Finally, Laurion Capital Management LP purchased a new position in Sabra Healthcare REIT in the second quarter valued at about $200,000. Hedge funds and other institutional investors own 99.26% of the company’s stock.

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Shares of Sabra Healthcare REIT (SBRA) opened at 19.92 on Wednesday. Sabra Healthcare REIT has a 52 week low of $19.30 and a 52 week high of $29.10.

About Sabra Healthcare REIT

Sabra Health Care REIT, Inc is a real estate investment trust. The Company, through its subsidiaries, owns and invests in real estate serving the healthcare industry. The Company’s segment includes investments in healthcare-related real estate properties. The Company’s primary business consists of acquiring, financing and owning real estate property to be leased to third-party tenants in the healthcare sector.

Analyst Recommendations for Sabra Healthcare REIT (NASDAQ:SBRA)

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