DRI Healthcare Trust (TSE:DHT.UN) Receives C$21.50 Consensus Price Target from Analysts

Shares of DRI Healthcare Trust (TSE:DHT.UNGet Free Report) have been assigned a consensus rating of “Buy” from the seven research firms that are currently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is C$21.50.

A number of research firms recently weighed in on DHT.UN. Raymond James upgraded shares of DRI Healthcare Trust from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the company from C$22.00 to C$24.00 in a research note on Friday, March 1st. Scotiabank upped their price target on shares of DRI Healthcare Trust from C$22.00 to C$24.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. CIBC increased their price objective on DRI Healthcare Trust from C$19.50 to C$20.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 8th. National Bankshares boosted their target price on DRI Healthcare Trust from C$22.00 to C$23.50 and gave the stock an “outperform” rating in a research report on Friday, March 1st. Finally, Stifel Nicolaus raised their price target on DRI Healthcare Trust from C$21.00 to C$22.00 and gave the company a “buy” rating in a report on Friday, March 1st.

View Our Latest Analysis on DRI Healthcare Trust

DRI Healthcare Trust Stock Up 31.7 %

DRI Healthcare Trust stock opened at C$14.50 on Friday. DRI Healthcare Trust has a 1-year low of C$9.33 and a 1-year high of C$17.43. The firm has a 50 day simple moving average of C$16.12.

About DRI Healthcare Trust

(Get Free Report

DRI Healthcare Trust focuses on managing and growing a portfolio of pharmaceutical royalties. It owns a portfolio of 18 royalties derived from the sale of 14 various pharmaceutical products that focuses on eight therapeutic areas. The company was incorporated in 2020 and is headquartered in Toronto, Canada.

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Analyst Recommendations for DRI Healthcare Trust (TSE:DHT.UN)

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