Target Healthcare REIT (LON:THRL – Get Free Report)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 111.21 and traded as high as GBX 113.20. Target Healthcare REIT shares last traded at GBX 113.20, with a volume of 18,752,506 shares changing hands.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 101 target price on shares of Target Healthcare REIT in a research report on Wednesday, August 5th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Target Healthcare REIT presently has a consensus rating of “Hold” and a consensus target price of GBX 101.
Read Our Latest Analysis on Target Healthcare REIT
Target Healthcare REIT Stock Performance
About Target Healthcare REIT
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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