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DRI Healthcare Trust (DHT.UN) Stock Forecast & Price Target

C$12.22
+0.01 (+0.08%)
(As of 09:45 AM ET)

DRI Healthcare Trust - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 7 Wall Street analysts who have issued ratings for DRI Healthcare Trust in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 7 analysts, 1 has given a hold rating, and 6 have given a buy rating for DHT.UN.

Consensus Price Target

C$19.14
56.65% Upside
High ForecastC$24.00
Average ForecastC$19.14
Low ForecastC$15.00

According to the 7 analysts' twelve-month price targets for DRI Healthcare Trust, the average price target is C$19.14. The highest price target for DHT.UN is C$24.00, while the lowest price target for DHT.UN is C$15.00. The average price target represents a forecasted upside of 56.65% from the current price of C$12.22.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Moderate Buy
Buy
Buy
N/A
Strong Buy
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
N/A
Buy
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
N/A
Hold
1 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
N/A
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
N/A
Consensus Price TargetC$19.14C$21.50C$21.83N/A
Forecasted Upside56.65% Upside37.63% Upside42.59% UpsideN/A
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DHT.UN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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DHT.UN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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DRI Healthcare Trust Stock vs. The Competition

TypeDRI Healthcare TrustMedical Companies
Consensus Rating Score
2.86
2.72
Consensus RatingModerate BuyModerate Buy
News Sentiment RatingPositive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/9/2024Stifel Nicolaus
4 of 5 stars
 DowngradeBuy ➝ HoldC$22.00 ➝ C$15.00+28.21%
7/9/2024CIBC
3 of 5 stars
 Lower TargetC$20.00 ➝ C$18.50+58.12%
7/9/2024Royal Bank of Canada
4 of 5 stars
 Lower TargetC$20.00 ➝ C$16.00+36.75%
7/9/2024National Bankshares
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 Lower TargetOutperformC$23.50 ➝ C$17.50+49.57%
7/9/2024Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeStrong-Buy ➝ OutperformC$24.00+105.13%
5/8/2024Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuyC$19.50 ➝ C$19.00+16.00%
2/2/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformC$22.00 ➝ C$24.00+69.01%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:12 AM ET.

DHT.UN Forecast - Frequently Asked Questions

What is DRI Healthcare Trust's forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for DRI Healthcare Trust is C$19.14, with a high forecast of C$24.00 and a low forecast of C$15.00.

Should I buy or sell DRI Healthcare Trust stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DRI Healthcare Trust in the last year. There is currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DHT.UN shares.

Does DRI Healthcare Trust's stock price have much upside?

According to analysts, DRI Healthcare Trust's stock has a predicted upside of 45.41% based on their 12-month stock forecasts.

Has DRI Healthcare Trust been downgraded by Wall Street analysts recently?

Over the previous 90 days, DRI Healthcare Trust's stock had 2 downgrades by analysts.

What analysts cover DRI Healthcare Trust?

DRI Healthcare Trust has been rated by research analysts at Canaccord Genuity Group, CIBC, National Bankshares, Raymond James, Royal Bank of Canada, and Stifel Nicolaus in the past 90 days.

Do Wall Street analysts like DRI Healthcare Trust more than its competitors?

Analysts like DRI Healthcare Trust more than other "medical" companies. The consensus rating score for DRI Healthcare Trust is 2.86 while the average consensus rating score for "medical" companies is 2.72. Learn more on how DHT.UN compares to other companies.


This page (TSE:DHT.UN) was last updated on 7/23/2024 by MarketBeat.com Staff

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