Target Healthcare REIT (LON:THRL) Hits New 1-Year High – What’s Next?

Target Healthcare REIT (LON:THRLGet Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 117 and last traded at GBX 113.40, with a volume of 132837 shares trading hands. The stock had previously closed at GBX 113.36.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group restated a “hold” rating and set a GBX 101 price objective on shares of Target Healthcare REIT in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of GBX 101.

Check Out Our Latest Research Report on Target Healthcare REIT

Target Healthcare REIT Price Performance

The firm has a market cap of £701.88 million, a price-to-earnings ratio of 9.00, a price-to-earnings-growth ratio of 1.48 and a beta of 0.70. The firm’s fifty day moving average is GBX 109.55 and its 200-day moving average is GBX 106.12.

Target Healthcare REIT Company Profile

(Get Free Report)

Our investment objective is to provide shareholders with an attractive level of income together with the potential for capital and income growth, from a portfolio of UK care homes, diversified by tenant, geography, and resident payment profile. We only invest in modern, purpose-built homes.

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