NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Price Target Raised to C$6.00

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) had its price objective lifted by equities researchers at Royal Bank Of Canada from C$5.50 to C$6.00 in a report released on Wednesday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price indicates a potential upside of 1.52% from the company’s current price.

A number of other research firms also recently commented on NWH.UN. Scotiabank raised their target price on NorthWest Health Prop Real Est Inv Trust from C$6.50 to C$7.00 in a report on Thursday, November 13th. BMO Capital Markets raised their price objective on shares of NorthWest Health Prop Real Est Inv Trust from C$5.00 to C$6.00 in a research note on Thursday, November 13th. Canadian Imperial Bank of Commerce boosted their price objective on shares of NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$5.75 in a report on Thursday, November 13th. Finally, ATB Cormark Capital Markets cut shares of NorthWest Health Prop Real Est Inv Trust from an “outperform” rating to a “sector perform” rating and set a C$6.25 target price for the company. in a report on Friday, February 27th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, NorthWest Health Prop Real Est Inv Trust has a consensus rating of “Hold” and a consensus price target of C$6.13.

NorthWest Health Prop Real Est Inv Trust Stock Performance

NWH.UN traded up C$0.09 during trading on Wednesday, reaching C$5.91. The company’s stock had a trading volume of 325,586 shares, compared to its average volume of 727,603. The company has a market capitalization of C$1.47 billion, a price-to-earnings ratio of 29.24, a price-to-earnings-growth ratio of 0.74 and a beta of 1.78. The company’s fifty day moving average price is C$5.61 and its 200-day moving average price is C$5.30. NorthWest Health Prop Real Est Inv Trust has a 52-week low of C$4.44 and a 52-week high of C$6.07. The company has a debt-to-equity ratio of 129.42, a quick ratio of 0.06 and a current ratio of 0.25.

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) last posted its quarterly earnings results on Tuesday, February 24th. The company reported C($0.16) earnings per share for the quarter. NorthWest Health Prop Real Est Inv Trust had a negative net margin of 75.29% and a negative return on equity of 14.67%. The business had revenue of C$102.27 million during the quarter. On average, equities analysts forecast that NorthWest Health Prop Real Est Inv Trust will post 0.4905498 earnings per share for the current fiscal year.

NorthWest Health Prop Real Est Inv Trust Company Profile

Northwest Healthcare Properties Real Estate Investment Trust provides investors with access to a portfolio of high-quality healthcare real estate. The company provides investors exposure to a well-diversified portfolio of healthcare real estate located in the greater areas of cities such as Australasia, Brazil, Germany, and Canada of which Australasia derives a majority of revenue to the company.