National Healthcare Properties, Inc. (NASDAQ:NHP) Receives Average Rating of “Moderate Buy” from Analysts

National Healthcare Properties, Inc. (NASDAQ:NHP) has been assigned a consensus recommendation of “Moderate Buy” from the ten research firms that are covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $17.1250.

Several research firms have recently commented on NHP. The Goldman Sachs Group initiated coverage on shares of National Healthcare Properties in a research report on Monday, May 18th. They set a “buy” rating and a $20.00 target price for the company. Wall Street Zen upgraded National Healthcare Properties to a “hold” rating in a research note on Saturday, May 2nd. Citizens Jmp initiated coverage on National Healthcare Properties in a report on Thursday, May 28th. They set a “market outperform” rating and a $18.00 price objective for the company. National Bank Financial set a $18.00 price objective on National Healthcare Properties in a research note on Thursday, May 28th. Finally, Robert W. Baird initiated coverage on National Healthcare Properties in a report on Monday, May 18th. They issued an “outperform” rating and a $17.00 target price on the stock.

National Healthcare Properties Trading Up 2.0%

NHP opened at $14.26 on Friday. National Healthcare Properties has a 1-year low of $11.25 and a 1-year high of $15.40.