Huntington Begins Coverage on National Healthcare Properties (NASDAQ:NHP)

Equities research analysts at Huntington began coverage on shares of National Healthcare Properties (NASDAQ:NHP) in a note issued to investors on Friday, MarketBeat Ratings reports. The firm set an “outperform” rating and a $18.00 price target on the stock. Huntington’s price target indicates a potential upside of 13.49% from the stock’s current price.

NHP has been the subject of a number of other reports. Citizens Jmp assumed coverage on shares of National Healthcare Properties in a report on Thursday, May 28th. They issued a “market outperform” rating and a $18.00 price target for the company. Zacks Research upgraded shares of National Healthcare Properties to a “hold” rating in a report on Tuesday, June 9th. BMO Capital Markets started coverage on shares of National Healthcare Properties in a report on Monday, May 18th. They set a “market perform” rating and a $17.00 price objective on the stock. Wall Street Zen raised shares of National Healthcare Properties to a “hold” rating in a research report on Saturday, May 2nd. Finally, Wells Fargo & Company increased their target price on shares of National Healthcare Properties from $16.00 to $17.00 and gave the company an “overweight” rating in a research note on Wednesday. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $17.33.

National Healthcare Properties Trading Up 1.9%

Shares of NHP stock opened at $15.86 on Friday. National Healthcare Properties has a 12 month low of $11.25 and a 12 month high of $16.14. The firm has a market capitalization of $1.16 billion and a price-to-earnings ratio of 11.52. The stock’s 50 day simple moving average is $14.57.

National Healthcare Properties (NASDAQ:NHP) last announced its quarterly earnings data on Wednesday, May 13th. The company reported ($0.27) earnings per share (EPS) for the quarter. The firm had revenue of $86.29 million for the quarter.