CIBC Lowers NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Price Target to C$14.00

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UNGet Rating) had its price objective dropped by equities research analysts at CIBC from C$14.75 to C$14.00 in a note issued to investors on Wednesday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. CIBC’s target price would suggest a potential upside of 36.85% from the company’s previous close.

Several other analysts have also weighed in on NWH.UN. Scotiabank lowered NorthWest Health Prop Real Est Inv Trust from an “outperform” rating to a “sector perform” rating in a report on Tuesday. National Bankshares reduced their target price on NorthWest Health Prop Real Est Inv Trust from C$13.50 to C$11.50 in a report on Monday, October 24th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, NorthWest Health Prop Real Est Inv Trust has a consensus rating of “Hold” and an average price target of C$14.34.

NorthWest Health Prop Real Est Inv Trust Trading Down 1.2 %

Shares of NorthWest Health Prop Real Est Inv Trust stock opened at C$10.23 on Wednesday. The company has a quick ratio of 0.06, a current ratio of 0.80 and a debt-to-equity ratio of 88.37. The firm has a market cap of C$2.45 billion and a price-to-earnings ratio of 5.85. The business has a fifty day simple moving average of C$10.88 and a 200-day simple moving average of C$12.08. NorthWest Health Prop Real Est Inv Trust has a fifty-two week low of C$9.80 and a fifty-two week high of C$14.42.

About NorthWest Health Prop Real Est Inv Trust

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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.

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