New Senior Investment Group (NYSE:SNR) had its price objective dropped by Morgan Stanley from $9.00 to $8.00 in a research report issued on Thursday. The firm currently has an “underweight” rating on the real estate investment trust’s stock. Morgan Stanley’s price target would suggest a potential upside of 2.83% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the company. BidaskClub upgraded New Senior Investment Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. Compass Point cut New Senior Investment Group from a “buy” rating to a “neutral” rating and decreased their price target for the company from $13.00 to $10.00 in a research report on Thursday, August 31st. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $9.33.
Shares of New Senior Investment Group (NYSE:SNR) traded up $0.14 on Thursday, hitting $7.78. The stock had a trading volume of 893,900 shares, compared to its average volume of 631,520. New Senior Investment Group has a 12-month low of $7.62 and a 12-month high of $10.82. The company has a market capitalization of $634.19, a PE ratio of 6.53 and a beta of 0.82. The company has a debt-to-equity ratio of 4.23, a quick ratio of 1.82 and a current ratio of 1.82.
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New Senior Investment Group Company Profile
New Senior Investment Group Inc is a real estate investment trust with a diversified portfolio of primarily private pay senior housing properties located across the United States. The Company operates through two segments: Managed Properties and Triple Net Lease Properties. As of December 31, 2016, the Company owned a diversified portfolio of 152 primarily private pay senior housing properties located across 37 states.