NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Stock Rating Lowered by ATB Cormark Capital Markets

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) was downgraded by research analysts at ATB Cormark Capital Markets from an “outperform” rating to a “sector perform” rating in a note issued to investors on Friday,BayStreet.CA reports. They presently have a C$6.25 price target on the stock. ATB Cormark Capital Markets’ price objective suggests a potential upside of 7.02% from the stock’s current price.

A number of other research analysts also recently commented on the stock. BMO Capital Markets lifted their price objective on shares of NorthWest Health Prop Real Est Inv Trust from C$5.00 to C$6.00 in a research report on Thursday, November 13th. Scotiabank lifted their price target on NorthWest Health Prop Real Est Inv Trust from C$6.50 to C$7.00 in a report on Thursday, November 13th. Royal Bank Of Canada set a C$5.50 price target on NorthWest Health Prop Real Est Inv Trust and gave the stock a “sector perform” rating in a research report on Monday, November 24th. Finally, Canadian Imperial Bank of Commerce raised their price objective on NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$5.75 in a research report on Thursday, November 13th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, NorthWest Health Prop Real Est Inv Trust presently has a consensus rating of “Hold” and an average price target of C$6.04.

NorthWest Health Prop Real Est Inv Trust Stock Down 3.0%

NWH.UN traded down C$0.18 on Friday, hitting C$5.84. 797,069 shares of the company were exchanged, compared to its average volume of 722,084. The stock’s fifty day moving average is C$5.57 and its 200-day moving average is C$5.27. NorthWest Health Prop Real Est Inv Trust has a 12 month low of C$4.44 and a 12 month high of C$6.07. The company has a debt-to-equity ratio of 129.42, a quick ratio of 0.06 and a current ratio of 0.25. The company has a market cap of C$1.45 billion, a PE ratio of 28.89, a PEG ratio of 0.74 and a beta of 1.78.

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) last posted its quarterly earnings results on Tuesday, February 24th. The company reported C($0.16) earnings per share for the quarter. NorthWest Health Prop Real Est Inv Trust had a negative return on equity of 14.67% and a negative net margin of 75.29%.The company had revenue of C$102.27 million for the quarter. Equities research analysts predict that NorthWest Health Prop Real Est Inv Trust will post 0.4905498 EPS for the current fiscal year.

NorthWest Health Prop Real Est Inv Trust Company Profile

Northwest Healthcare Properties Real Estate Investment Trust provides investors with access to a portfolio of high-quality healthcare real estate. The company provides investors exposure to a well-diversified portfolio of healthcare real estate located in the greater areas of cities such as Australasia, Brazil, Germany, and Canada of which Australasia derives a majority of revenue to the company.