MLV Maintains Hold On Shares Of Aviv REIT, Sees 11% Downside For The Stock
In a research report issued today, MLV analyst Paul Morgan maintained a Hold rating on Aviv REIT, Inc. (NYSE:AVIV) with a price target of $30.00, which represents a potential downside of 11.1% from where the stock is currently trading.
Morgan observed, “While we expect OHI investors may be skeptical this morning regarding OHI’s pricing on AVIV’s SNF portfolio (6% implied cap rate), the merger upside for AVIV reinforces our positive investment bias toward smaller cap healthcare REITs, as outlined in our June 2014 sector initiation, with BUY ratings on SBRA, LTC, and DOC.”
According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Paul Morgan has a total average return of 12.5% and a 100% success rate. Morgan is ranked #1336 out of 3354 analysts.