Target Healthcare REIT (LON:THRL) Given New GBX 101 Price Target at Jefferies Financial Group

Target Healthcare REIT (LON:THRL) had its target price lifted by Jefferies Financial Group from GBX 99 to GBX 101 in a research note released on Tuesday, MarketBeat reports. They currently have a buy rating on the stock.

Target Healthcare REIT Stock Performance

Shares of THRL stock opened at GBX 95 on Tuesday. The company’s fifty day simple moving average is GBX 95.26 and its 200-day simple moving average is GBX 98.32. Target Healthcare REIT has a 52 week low of GBX 78.77 and a 52 week high of GBX 107. The company has a current ratio of 7.20, a quick ratio of 1.52 and a debt-to-equity ratio of 34.92. The company has a market cap of £589.23 million, a PE ratio of 8.16, a P/E/G ratio of 1.48 and a beta of 0.44.

Target Healthcare REIT (LON:THRL) last announced its quarterly earnings results on Tuesday, October 14th. The company reported GBX 5.97 earnings per share (EPS) for the quarter. Target Healthcare REIT had a return on equity of 10.78% and a net margin of 104.99%. As a group, equities research analysts anticipate that Target Healthcare REIT will post 6.2219101 EPS for the current year.

Target Healthcare REIT Company Profile

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.