Equities research analysts at StockNews.com started coverage on shares of The RMR Group (NASDAQ:RMR – Get Rating) in a research report issued on Thursday. The firm set a “buy” rating on the financial services provider’s stock.
A number of other equities research analysts have also recently issued reports on the company. TheStreet cut The RMR Group from a “b-” rating to a “c+” rating in a research note on Wednesday, May 10th. B. Riley cut their target price on The RMR Group from $42.00 to $37.00 in a research note on Monday.
The RMR Group Stock Performance
RMR stock opened at $21.95 on Thursday. The stock has a market capitalization of $694.06 million, a price-to-earnings ratio of 8.22 and a beta of 1.48. The RMR Group has a 1 year low of $20.79 and a 1 year high of $31.55. The stock’s fifty day moving average is $24.45 and its two-hundred day moving average is $27.10.
Institutional Investors Weigh In On The RMR Group
About The RMR Group
The RMR Group, Inc is a holding company, which engages in the provision of management services to managed equity real estate investment trusts and operators. Its services include RMR Real Estate Services, Asset Management, Acquisitions Criteria, and Development. The company was founded in 1986 and is headquartered in Newton, MA.
- Get a free copy of the StockNews.com research report on The RMR Group (RMR)
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