Target Healthcare REIT (LON:THRL) Reaches New 52-Week High – Time to Buy?

Target Healthcare REIT (LON:THRLGet Free Report) shares reached a new 52-week high on Monday . The stock traded as high as GBX 114.80 and last traded at GBX 114.60, with a volume of 18884 shares. The stock had previously closed at GBX 114.20.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reiterated a “hold” rating and set a GBX 101 price objective on shares of Target Healthcare REIT in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 101.

Get Our Latest Stock Analysis on THRL

Target Healthcare REIT Stock Down 0.2%

The company has a 50-day moving average of GBX 108.01 and a 200-day moving average of GBX 105.19. The company has a market cap of £704.59 million, a PE ratio of 9.04, a PEG ratio of 1.48 and a beta of 0.70.

Target Healthcare REIT Company Profile

(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.

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