Medical Properties Trust (NYSE:MPT) Coverage Initiated at Maxim Group

Research analysts at Maxim Group started coverage on shares of Medical Properties Trust (NYSE:MPT) in a report released on Tuesday, Marketbeat Ratings reports. The firm set a “buy” rating and a $8.00 price target on the stock. Maxim Group’s price objective points to a potential upside of 52.96% from the company’s previous close.

Medical Properties Trust Trading Up 0.6%

MPT opened at $5.23 on Tuesday. The company has a market capitalization of $3.15 billion, a P/E ratio of 8.81 and a beta of 1.43. Medical Properties Trust has a one year low of $3.95 and a one year high of $6.34. The company has a debt-to-equity ratio of 2.06, a quick ratio of 2.68 and a current ratio of 2.68.

About Medical Properties Trust

Medical Properties Trust, Inc (NYSE: MPT) is a real estate investment trust (REIT) that acquires, owns and finances hospitals and other healthcare facilities. Founded in 2003 by Edward K. Aldag Jr., the company’s business model centers on providing real estate capital to healthcare operators through long-term leases, sale-leaseback transactions, build-to-suit developments and mortgage financing. By specializing in healthcare real estate, MPT aims to deliver steady rental income and asset-based returns while enabling operators to access capital for clinical operations and growth.

The company’s portfolio primarily comprises acute care hospitals, inpatient rehabilitation hospitals, long-term acute care facilities, behavioral health centers and other specialty hospitals.