NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Stock Rating Lowered by ATB Cormark Capital Markets

NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) was downgraded by investment analysts at ATB Cormark Capital Markets from an “outperform” rating to a “sector perform” rating in a research note issued to investors on Friday,BayStreet.CA reports. They currently have a C$6.25 price objective on the stock. ATB Cormark Capital Markets’ target price indicates a potential upside of 7.02% from the stock’s previous close.

Several other equities research analysts have also weighed in on the company. Scotiabank lifted their price objective on NorthWest Health Prop Real Est Inv Trust from C$6.50 to C$7.00 in a report on Thursday, November 13th. Canadian Imperial Bank of Commerce lifted their target price on shares of NorthWest Health Prop Real Est Inv Trust from C$5.50 to C$5.75 in a research note on Thursday, November 13th. Royal Bank Of Canada set a C$5.50 price target on shares of NorthWest Health Prop Real Est Inv Trust and gave the company a “sector perform” rating in a research report on Monday, November 24th. Finally, 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 report on Thursday, November 13th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, NorthWest Health Prop Real Est Inv Trust has a consensus rating of “Hold” and a consensus price target of C$6.04.

NorthWest Health Prop Real Est Inv Trust Stock Performance

Shares of NorthWest Health Prop Real Est Inv Trust stock opened at C$5.84 on Friday. NorthWest Health Prop Real Est Inv Trust has a one year low of C$4.44 and a one year high of C$6.07. The business has a 50-day simple moving average of C$5.58 and a 200 day simple moving average of C$5.28. The company has a debt-to-equity ratio of 129.42, a current ratio of 0.25 and a quick ratio of 0.06. The firm has a market capitalization of C$1.45 billion, a price-to-earnings ratio of 28.89, a PEG ratio of 0.74 and a beta of 1.78.

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

About NorthWest Health Prop Real Est Inv Trust

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.