Jefferies Financial Group Reaffirms “Hold” Rating for Target Healthcare REIT (LON:THRL)

Target Healthcare REIT (LON:THRL)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Financial Group in a report released on Wednesday,London Stock Exchange reports. They presently have a GBX 101 price target on the stock. Jefferies Financial Group’s price objective suggests a potential downside of 10.30% from the company’s current price.

Target Healthcare REIT Price Performance

THRL stock traded down GBX 1.20 during trading hours on Wednesday, reaching GBX 112.60. 745,235 shares of the stock were exchanged, compared to its average volume of 5,744,188. The firm’s 50-day moving average is GBX 109.66 and its 200-day moving average is GBX 106.21. The company has a market cap of £698.39 million, a price-to-earnings ratio of 8.96, a PEG ratio of 1.48 and a beta of 0.71. Target Healthcare REIT has a 12 month low of GBX 92 and a 12 month high of GBX 117.

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.