National Healthcare Properties (NASDAQ:NHP) Now Covered by Analysts at Morgan Stanley

Morgan Stanley initiated coverage on shares of National Healthcare Properties (NASDAQ:NHP) in a report issued on Monday,Benzinga reports. The firm set an “equal weight” rating and a $16.00 price target on the stock. Morgan Stanley’s target price points to a potential upside of 7.67% from the company’s previous close.

Other research analysts also recently issued research reports about the stock. BMO Capital Markets assumed coverage on shares of National Healthcare Properties in a report on Monday. They set a “market perform” rating and a $17.00 price target on the stock. Wall Street Zen upgraded shares of National Healthcare Properties to a “hold” rating in a report on Saturday, May 2nd. National Bank Financial set a $16.00 price objective on National Healthcare Properties in a research note on Monday. Robert W. Baird initiated coverage on National Healthcare Properties in a research note on Monday. They issued an “outperform” rating and a $17.00 price objective on the stock. Finally, KeyCorp initiated coverage on National Healthcare Properties in a research note on Monday. They issued a “sector weight” rating on the stock. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $16.17.

National Healthcare Properties Price Performance

NHP opened at $14.86 on Monday. National Healthcare Properties has a fifty-two week low of $11.25 and a fifty-two week high of $15.09.