Brokerages Set Senior Housing Properties Trust (SNH) Target Price at $20.93

Senior Housing Properties Trust (NYSE:SNH) has earned a consensus recommendation of “Hold” from the ten ratings firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $20.93.

SNH has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Senior Housing Properties Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. FBR & Co reaffirmed a “buy” rating and issued a $24.00 target price on shares of Senior Housing Properties Trust in a research report on Friday, June 30th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $20.00 target price on shares of Senior Housing Properties Trust in a research report on Tuesday, October 3rd. UBS AG reduced their price target on shares of Senior Housing Properties Trust from $20.00 to $19.00 and set a “neutral” rating on the stock in a research report on Monday, October 2nd. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $22.00 price target on shares of Senior Housing Properties Trust in a research report on Monday, June 19th.

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Shares of Senior Housing Properties Trust (SNH) traded down 0.05% during midday trading on Friday, reaching $19.41. 769,303 shares of the company were exchanged. The firm has a 50-day moving average of $19.62 and a 200 day moving average of $20.36. Senior Housing Properties Trust has a 52 week low of $17.14 and a 52 week high of $22.52. The firm has a market capitalization of $4.61 billion and a P/E ratio of 38.82.

Senior Housing Properties Trust (NYSE:SNH) last posted its earnings results on Thursday, August 3rd. The company reported $0.44 EPS for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.01). Senior Housing Properties Trust had a net margin of 6.43% and a return on equity of 2.01%. The company had revenue of $265.01 million during the quarter, compared to analyst estimates of $260.72 million. During the same period in the previous year, the company earned $0.47 EPS. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. On average, equities research analysts expect that Senior Housing Properties Trust will post $0.58 EPS for the current year.

Several institutional investors and hedge funds have recently modified their holdings of SNH. Schroder Investment Management Group acquired a new stake in shares of Senior Housing Properties Trust during the second quarter worth about $107,000. Invictus RG acquired a new stake in shares of Senior Housing Properties Trust during the first quarter worth about $128,000. Ffcm LLC lifted its position in shares of Senior Housing Properties Trust by 112.7% during the second quarter. Ffcm LLC now owns 7,661 shares of the company’s stock worth $158,000 after purchasing an additional 4,060 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Senior Housing Properties Trust during the second quarter worth about $205,000. Finally, Cetera Investment Advisers acquired a new stake in shares of Senior Housing Properties Trust during the second quarter worth about $205,000.

About Senior Housing Properties Trust

Senior Housing Properties Trust is a real estate investment trust (REIT). The Company’s segments include triple net senior living communities that provide short term and long term residential care and other services for residents; managed senior living communities that provide short term and long term residential care and other services for residents; properties leased to medical providers, medical related businesses, clinics and biotech laboratory tenants (MOBs), and all other, including certain properties that offer wellness, fitness and spa services to members.

Analyst Recommendations for Senior Housing Properties Trust (NYSE:SNH)

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