Target Healthcare REIT (LON:THRL) Reaches New 52-Week High – What’s Next?

Target Healthcare REIT (LON:THRLGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 117 and last traded at GBX 113.40, with a volume of 132837 shares changing hands. The stock had previously closed at GBX 113.36.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “hold” rating and issued a GBX 101 price target on shares of Target Healthcare REIT in a research note on Wednesday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of GBX 101.

Read Our Latest Research Report on Target Healthcare REIT

Target Healthcare REIT Stock Up 1.1%

The stock has a market cap of £704.59 million, a P/E ratio of 9.04, a P/E/G ratio of 1.48 and a beta of 0.71. The company has a 50-day simple moving average of GBX 109.73 and a two-hundred day simple moving average of GBX 106.27.

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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