Jefferies Financial Group Reaffirms Hold Rating for Target Healthcare REIT (LON:THRL)

Target Healthcare REIT (LON:THRL)‘s stock had its “hold” rating reaffirmed by Jefferies Financial Group in a research note issued to investors on Wednesday,London Stock Exchange reports. They presently have a GBX 101 price target on the stock. Jefferies Financial Group’s price target points to a potential downside of 10.30% from the stock’s previous close.

Target Healthcare REIT Stock Down 1.1%

Shares of THRL stock traded down GBX 1.20 during trading on Wednesday, reaching GBX 112.60. The company’s stock had a trading volume of 745,235 shares, compared to its average volume of 5,744,188. The business has a fifty day moving average price of GBX 109.66 and a 200-day moving average price of GBX 106.21. The company has a market cap of £698.39 million, a price-to-earnings ratio of 8.96, a price-to-earnings-growth ratio of 1.48 and a beta of 0.71. Target Healthcare REIT has a one year low of GBX 92 and a one year high of GBX 117.

Target Healthcare REIT Company Profile

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.