Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) was upgraded by research analysts at Mizuho from an “underperform” rating to a “neutral” rating in a research note issued on Monday. The firm presently has a $24.00 target price on the real estate investment trust’s stock, up from their prior target price of $23.00. Mizuho’s price target would indicate a potential upside of 4.67% from the company’s current price.

SBRA has been the topic of a number of other reports. Cantor Fitzgerald reiterated a “buy” rating and set a $30.00 price target on shares of Sabra Healthcare REIT in a research note on Friday, September 8th. Jefferies Group LLC reiterated a “hold” rating and set a $25.00 price target (down from $28.00) on shares of Sabra Healthcare REIT in a research note on Sunday, July 9th. BidaskClub lowered shares of Sabra Healthcare REIT from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 16th. Zacks Investment Research raised shares of Sabra Healthcare REIT from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Finally, JMP Securities raised shares of Sabra Healthcare REIT from a “market perform” rating to an “outperform” rating and set a $23.00 price objective on the stock in a report on Tuesday, September 5th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $25.00.

Shares of Sabra Healthcare REIT (SBRA) opened at 22.93 on Monday. Sabra Healthcare REIT has a 1-year low of $19.30 and a 1-year high of $29.10. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 19.30 and a beta of 0.89. The stock’s 50 day moving average is $22.38 and its 200 day moving average is $24.74.

ILLEGAL ACTIVITY NOTICE: “Sabra Healthcare REIT, Inc. (SBRA) Rating Increased to Neutral at Mizuho” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark law. The legal version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/09/13/sabra-healthcare-reit-inc-sbra-rating-increased-to-neutral-at-mizuho.html.

Several large investors have recently bought and sold shares of SBRA. BlackRock Inc. raised its position in shares of Sabra Healthcare REIT by 9,246.7% in the first quarter. BlackRock Inc. now owns 9,293,011 shares of the real estate investment trust’s stock valued at $259,556,000 after buying an additional 9,193,585 shares during the last quarter. Numeric Investors LLC acquired a new position in shares of Sabra Healthcare REIT in the second quarter valued at approximately $30,450,000. APG Asset Management US Inc. acquired a new position in shares of Sabra Healthcare REIT in the second quarter valued at approximately $26,582,000. Vanguard Group Inc. raised its position in shares of Sabra Healthcare REIT by 6.4% in the second quarter. Vanguard Group Inc. now owns 13,229,559 shares of the real estate investment trust’s stock valued at $318,832,000 after buying an additional 797,491 shares during the last quarter. Finally, Koch Industries Inc. acquired a new position in shares of Sabra Healthcare REIT in the second quarter valued at approximately $739,000. 99.26% of the stock is owned by institutional investors and hedge funds.

About Sabra Healthcare REIT

Sabra Health Care REIT, Inc is a real estate investment trust. The Company, through its subsidiaries, owns and invests in real estate serving the healthcare industry. The Company’s segment includes investments in healthcare-related real estate properties. The Company’s primary business consists of acquiring, financing and owning real estate property to be leased to third-party tenants in the healthcare sector.

Analyst Recommendations for Sabra Healthcare REIT (NASDAQ:SBRA)

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