NorthWest Health Prop Real Est Inv Trust - NWH.UN Stock Forecast, Price & News

NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (NorthWest) is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. As at June 30, 2020, the REIT provides investors with access to a portfolio of high quality international healthcare real estate infrastructure comprised of interests in a diversified portfolio of 189 income-producing properties and 15.3 million square feet of gross leasable area located throughout major markets in Canada, Brazil, Europe, Australia and New Zealand. The REIT's portfolio of medical office buildings, clinics, and hospitals is characterized by long term indexed leases and stable occupancies. With a fully integrated and aligned senior management team, the REIT leverages 230 professionals across nine offices in five countries to serve as a long-term real estate partner to leading healthcare operators.

Analyst Upgrades and Downgrades

NWH.UN has been the subject of several research analyst reports. National Bankshares reduced their target price on NorthWest Health Prop Real Est Inv Trust to C$16.25 and set a "sector perform" rating for the company in a research note on Wednesday, July 20th. BMO Capital Markets upgraded NorthWest Health Prop Real Est Inv Trust from a "market perform" rating to a "buy" rating and reduced their target price for the company from C$15.00 to C$13.75 in a research note on Monday, July 4th. Finally, CIBC dropped their price target on NorthWest Health Prop Real Est Inv Trust from C$15.50 to C$14.75 in a research report on Monday, June 27th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of C$15.22.

NorthWest Health Prop Real Est Inv Trust Trading Up 0.2 %

Shares of TSE:NWH.UN traded up C$0.03 during midday trading on Thursday, reaching C$13.35. The company had a trading volume of 13,914 shares, compared to its average volume of 494,414. The company has a debt-to-equity ratio of 85.42, a quick ratio of 0.21 and a current ratio of 0.21. NorthWest Health Prop Real Est Inv Trust has a 1-year low of C$11.85 and a 1-year high of C$14.42. The firm has a market cap of C$3.17 billion and a price-to-earnings ratio of 7.36. The company has a fifty day simple moving average of C$12.59 and a two-hundred day simple moving average of C$13.17.