National Healthcare Properties (NASDAQ:NHP) Price Target Raised to $21.00 at Citizens Jmp

National Healthcare Properties (NASDAQ:NHP) had its price objective raised by Citizens Jmp from $18.00 to $21.00 in a report issued on Monday,Benzinga reports. The brokerage currently has a “market outperform” rating on the stock. Citizens Jmp’s target price would indicate a potential upside of 30.43% from the stock’s current price.

Several other analysts have also recently weighed in on NHP. Zacks Research raised National Healthcare Properties to a “hold” rating in a report on Tuesday, June 9th. National Bank Financial set a $18.00 price objective on National Healthcare Properties in a report on Thursday, May 28th. BMO Capital Markets started coverage on shares of National Healthcare Properties in a research report on Monday, May 18th. They issued a “market perform” rating and a $17.00 price objective on the stock. Wall Street Zen raised shares of National Healthcare Properties to a “hold” rating in a research note on Saturday, May 2nd. Finally, The Goldman Sachs Group started coverage on shares of National Healthcare Properties in a research report on Monday, May 18th. They set a “buy” rating and a $20.00 target price for the company. Six investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, National Healthcare Properties has an average rating of “Hold” and a consensus target price of $17.67.

National Healthcare Properties Trading Down 5.0%

Shares of NHP stock opened at $16.10 on Monday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.81. National Healthcare Properties has a 52-week low of $11.25 and a 52-week high of $17.46. The stock has a fifty day simple moving average of $15.02.

National Healthcare Properties (NASDAQ:NHP) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter. National Healthcare Properties had a negative net margin of 13.04% and a negative return on equity of 7.36%. The business had revenue of $87.53 million for the quarter. During the same period last year, the company earned ($0.85) earnings per share. As a group, equities research analysts predict that National Healthcare Properties will post 0.76 earnings per share for the current year.

National Healthcare Properties Company Profile

National Healthcare Properties Inc is a self-managed real estate investment trust focused on acquiring, owning and investing in a diversified portfolio of healthcare real estate, with an emphasis on providing senior housing. National Healthcare Properties Inc is based in NEW YORK.