Target Healthcare REIT (LON:THRL) Announces Earnings Results

Target Healthcare REIT (LON:THRL – Get Free Report) released 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

Shares of LON:THRL opened at GBX 114.29 on Friday. The company has a market capitalization of £708.87 million, a PE ratio of 9.09, a price-to-earnings-growth ratio of 1.48 and a beta of 0.71. The stock has a fifty day moving average of GBX 112.23 and a 200-day moving average of GBX 107.89. Target Healthcare REIT has a one year low of GBX 92 and a one year high of GBX 117.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “hold” rating and set a GBX 101 price target on shares of Target Healthcare REIT in a research report on Wednesday, August 5th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 101.

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About Target Healthcare REIT

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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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