Target Healthcare REIT (LON:THRL) Reaches New 1-Year High – What’s Next?

Target Healthcare REIT (LON:THRL) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 113 and last traded at GBX 110.60, with a volume of 34288 shares changing hands. The stock had previously closed at GBX 110.76.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 101 price target on shares of Target Healthcare REIT in a research report on Wednesday, May 6th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of GBX 101.

Target Healthcare REIT Stock Up 0.0%

The company has a market cap of £687.22 million, a price-to-earnings ratio of 8.81, a price-to-earnings-growth ratio of 1.48 and a beta of 0.54. The company’s 50-day moving average is GBX 107.18 and its 200 day moving average is GBX 104.40.

Target Healthcare REIT Company Profile

Our investment objective is to provide shareholders with an attractive level of income together with the potential for capital and income growth, from a portfolio of UK care homes, diversified by tenant, geography, and resident payment profile. We only invest in modern, purpose-built homes.