According to Bloomberg, the eight rating agencies that cover the company have given shares of NorthWest Health Prop Real Est Inv Trust (TSE: NWH.UN) a recommendation of “Moderate Buy” as the company’s overall best course of action for investors to take. There are six people working in equity research; three believe that the stock should be purchased, while the other three believe that it should be held. The average one-year price target brokers that recently covered the stock have established for the company’s stock is 13.75 Canadian dollars.
There have been multiple pieces written about the company by research experts. CIBC lowered their price target on NorthWest Health Prop Real Est Inv Trust from C$14.75 to C$14.00 and gave the company an “outperform” rating in a research report published on Wednesday, November 16. The NorthWest Health Prop Real Est Inv Trust was reduced by Scotiabank from an “outperform” rating to a “sector perform” rating in a research report published on November 15. National Bankshares lowered their price target on NorthWest Health Prop Real Est Inv Trust from C$11.50 to C$11.00 and gave the stock a “sector perform” rating in a report released on Thursday, November 17. Cormark decreased its target price on NorthWest Health Prop Real Est Inv Trust from C$14.00 (Canadian) to C$13.50 (Canadian), as stated in a report issued on Thursday, November 17. Last but not least, in a research note published on Monday, the Royal Bank of Canada lowered its target price on the NorthWest Health Prop Real Est Inv Trust from C$14.00 to C$12.00 and gave the business a rating of “sector perform.”
NW.UN began trading on Thursday for C$10.19. The price-to-earnings ratio for the company is 8.78, and it has a market value of $2.19 billion. The price of NorthWest Health Prop Real Est Inv Trust hit a low of 9.80 Canadian dollars during the past year, while it reached a high of $14.42 over the same period. The moving average price for the company over the past 50 days is $10.70, and the moving average price over the past 200 days is $12.00. (Northwest) NorthWest Healthcare Properties Real Estate Investment Trust is an open-ended, unincorporated real estate investment trust founded by the laws of Ontario. It trades under the symbol NWH.UN on the Toronto Stock Exchange. The debt-to-equity ratio comes in at 93.62, the current ratio comes in at 0.81, and the quick ratio comes in at 0.06. As of June 30, 2020, the REIT will provide investors with access to a portfolio of high-quality international healthcare real estate infrastructure. This portfolio includes 189 income-producing properties and 15.3 million square feet of gross leasable area, and it is dispersed across major markets in Canada, Brazil, Europe, Australia, and New Zealand.