DRI Healthcare Trust (TSE:DHT.UN) Receives C$21.83 Average PT from Analysts

Shares of DRI Healthcare Trust (TSE:DHT.UNGet Free Report) have earned a consensus rating of “Buy” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$21.83.

A number of research analysts recently weighed in on the company. National Bankshares raised their price objective on DRI Healthcare Trust from C$22.00 to C$23.50 and gave the company an “outperform” rating in a research report on Friday, March 1st. Scotiabank raised their price target on DRI Healthcare Trust from C$22.00 to C$24.00 and gave the company an “outperform” rating in a report on Friday, February 2nd. CIBC upped their price target on shares of DRI Healthcare Trust from C$19.00 to C$19.50 and gave the stock an “outperform” rating in a research note on Friday, March 1st. Stifel Nicolaus raised their price objective on shares of DRI Healthcare Trust from C$21.00 to C$22.00 and gave the company a “buy” rating in a research note on Friday, March 1st. Finally, Raymond James raised shares of DRI Healthcare Trust from an “outperform” rating to a “strong-buy” rating and lifted their target price for the stock from C$22.00 to C$24.00 in a report on Friday, March 1st.

View Our Latest Stock Report on DHT.UN

DRI Healthcare Trust Stock Up 37.9 %

Shares of TSE DHT.UN opened at C$16.64 on Wednesday. The firm’s 50 day simple moving average is C$15.85. DRI Healthcare Trust has a fifty-two week low of C$7.55 and a fifty-two week high of C$17.43.

About DRI Healthcare Trust

(Get Free Report

DRI Healthcare Trust focuses on managing and growing a portfolio of pharmaceutical royalties. It owns a portfolio of 18 royalties derived from the sale of 14 various pharmaceutical products that focuses on eight therapeutic areas. The company was incorporated in 2020 and is headquartered in Toronto, Canada.

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Analyst Recommendations for DRI Healthcare Trust (TSE:DHT.UN)

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