Investment analysts at JMP Securities initiated coverage on shares of RMR Group Inc. (NASDAQ:RMR) in a report released on Wednesday. The brokerage set a “mkt perform” rating on the stock.

Separately, FBR & Co lowered RMR Group from an “outperform” rating to a “marketperform” rating in a research note on Wednesday, August 10th.

Shares of RMR Group (NASDAQ:RMR) traded down 0.61% during midday trading on Wednesday, hitting $37.62. 22,545 shares of the stock were exchanged. The stock’s 50-day moving average price is $38.55 and its 200-day moving average price is $32.62. The firm has a market capitalization of $602.18 million and a price-to-earnings ratio of 16.63. RMR Group has a 1-year low of $11.89 and a 1-year high of $40.67.

RMR Group Company Profile

The RMR Group Inc, formerly Reit Management & Research Inc, is a holding company. The Company holds interests in and is the managing member of The RMR Group LLC (RMR LLC). The Company’s business primarily consists of providing management services to four real estate investment trusts (REITs), namely, Government Properties Income Trust (GOV), Hospitality Properties Trust (HPT), Select Income REIT (SIR) and Senior Housing Properties Trust, and three real estate operating companies, namely, Five Star Quality Care, Inc (Five Star), Sonesta International Hotels Corporation and TravelCenters of America LLC.

5 Day Chart for NASDAQ:RMR

Receive News & Stock Ratings for RMR Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RMR Group Inc. and related stocks with our FREE daily email newsletter.