Royal Bank of Canada Reaffirms “Sector Perform” Rating for NorthWest Health Prop Real Est Inv Trust (NWH.UN)
NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN)‘s stock had its “sector perform” rating reissued by Royal Bank of Canada in a report released on Wednesday, May 24th, StockTargetPrices.com reports. They currently have a C$11.00 price objective on the stock.
Other equities research analysts have also issued reports about the company. CIBC lifted their price objective on NorthWest Health Prop Real Est Inv Trust from C$10.25 to C$11.00 in a research report on Tuesday, May 16th. Scotiabank lifted their price objective on NorthWest Health Prop Real Est Inv Trust from C$11.00 to C$11.25 and gave the stock a “sector perform” rating in a research report on Tuesday, May 16th. Finally, National Bank Financial reiterated a “sector perform” rating and issued a C$11.00 price objective on shares of NorthWest Health Prop Real Est Inv Trust in a research report on Friday, April 7th.
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NorthWest Health Prop Real Est Inv Trust Company Profile
NorthWest Healthcare Properties Real Estate Investment Trust is an open‐ended real estate investment trust (REIT). The Company’s objectives are to manage its investments to provide stable, sustainable and growing cash flows through investments in healthcare real estate across the globe; build a diversified, growth‐oriented global portfolio of healthcare properties based on an initial portfolio of investments in Australasia, Brazil, Germany and Canada; capitalize on internal growth and seek accretive healthcare real estate acquisition opportunities in its target international markets, with a focus on Australasia, Brazil, Germany and Canada; grow the value of its assets and maximize the long‐term value of its Trust Units through its management, and provide predictable and growing cash distributions per unit, on a tax‐efficient basis.
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