Target Healthcare REIT (LON:THRL) Hits New 52-Week High – Here’s What Happened

Target Healthcare REIT (LON:THRLGet Free Report)’s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 117 and last traded at GBX 116.40, with a volume of 2054494 shares. The stock had previously closed at GBX 116.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reissued a “hold” rating and set a GBX 101 price target on shares of Target Healthcare REIT in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 101.

View Our Latest Stock Report on THRL

Target Healthcare REIT Stock Performance

The business’s 50 day moving average price is GBX 109.21 and its 200-day moving average price is GBX 105.86. The firm has a market cap of £714.51 million, a price-to-earnings ratio of 9.16, a price-to-earnings-growth ratio of 1.48 and a beta of 0.70.

About Target Healthcare REIT

(Get Free Report)

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.

Further Reading

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