Medical Properties Trust (NYSE:MPT) Research Coverage Started at Maxim Group

Maxim Group initiated coverage on shares of Medical Properties Trust (NYSE:MPT) in a report released on Tuesday morning, Marketbeat Ratings reports. The firm issued a buy rating and a $8.00 target price on the stock.

Medical Properties Trust Price Performance

Shares of NYSE:MPT opened at $5.29 on Tuesday. The company has a quick ratio of 2.68, a current ratio of 2.68 and a debt-to-equity ratio of 2.06. The company has a market capitalization of $3.18 billion, a P/E ratio of 8.88 and a beta of 1.43. Medical Properties Trust has a 52 week low of $3.95 and a 52 week high of $6.34.

Medical Properties Trust Company Profile

Medical Properties Trust, Inc (NYSE: MPT) is a real estate investment trust (REIT) that acquires, owns and finances hospitals and other healthcare facilities. Founded in 2003 by Edward K. Aldag Jr., the company’s business model centers on providing real estate capital to healthcare operators through long-term leases, sale-leaseback transactions, build-to-suit developments and mortgage financing. By specializing in healthcare real estate, MPT aims to deliver steady rental income and asset-based returns while enabling operators to access capital for clinical operations and growth.

The company’s portfolio primarily comprises acute care hospitals, inpatient rehabilitation hospitals, long-term acute care facilities, behavioral health centers and other specialty hospitals.