Target Healthcare REIT's (THRL) "Hold" Rating Reiterated at Jefferies Financial Group

Key Points

• Jefferies Financial Group reiterated a "Hold" rating on Target Healthcare REIT with a GBX 101 price target, implying about a 6.13% downside from the current share price.
• Shares traded at GBX 107.60 (up ~2.9%) with a market cap of £667.38m and a P/E of 8.56; the company reported GBX 3.38 EPS last quarter and a 10.73% ROE, while analysts expect roughly 6.22 EPS for the current fiscal year.

Target Healthcare REIT (LON:THRL - Get Free Report)'s stock had its "hold" rating reaffirmed by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Wednesday,London Stock Exchange reports. They currently have a GBX 101 price objective on the stock. Jefferies Financial Group's target price would suggest a potential downside of 6.13% from the stock's current price.

Target Healthcare REIT Stock Up 2.9%

Shares of THRL opened at GBX 107.60 on Wednesday. The stock has a market capitalization of £667.38 million, a P/E ratio of 8.56, a PEG ratio of 1.48 and a beta of 0.69. Target Healthcare REIT has a twelve month low of GBX 92 and a twelve month high of GBX 108.80. The firm has a fifty day simple moving average of GBX 103.27 and a two-hundred day simple moving average of GBX 100.42.

Target Healthcare REIT (LON:THRL - Get Free Report) last posted its earnings results on Wednesday, March 18th. The company reported GBX 3.38 earnings per share (EPS) for the quarter. Target Healthcare REIT had a return on equity of 10.73% and a net margin of 104.45%. Sell-side analysts expect that Target Healthcare REIT will post 6.2219101 EPS for the current fiscal year.

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.

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