Target Healthcare REIT (LON:THRL – Get Free Report) posted its earnings results on Wednesday. The company reported GBX 13.32 EPS for the quarter, Digital Look Earnings reports. Target Healthcare REIT had a net margin of 114.60% and a return on equity of 11.03%.
Target Healthcare REIT Stock Performance
Target Healthcare REIT stock remained flat at GBX 113 on Thursday. 16,881,973 shares of the company’s stock traded hands, compared to its average volume of 5,044,886. The firm has a 50 day simple moving average of GBX 112.24 and a two-hundred day simple moving average of GBX 107.81. Target Healthcare REIT has a 12-month low of GBX 92 and a 12-month high of GBX 117. The stock has a market capitalization of £700.87 million, a price-to-earnings ratio of 8.99, a P/E/G ratio of 1.48 and a beta of 0.71.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reiterated a “hold” rating and set a GBX 101 price target on shares of Target Healthcare REIT in a report on Wednesday, August 5th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of GBX 101.
Target Healthcare REIT Company Profile
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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