Analysts Are Neutral on These Financial Stocks: Community Healthcare Trust (CHCT), Altisource Portfolio Solutions SA (ASPS)


Analysts fell to the sidelines weighing in on Community Healthcare Trust (CHCT) and Altisource Portfolio Solutions SA (ASPS) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Community Healthcare Trust (CHCT)

B.Riley FBR analyst Bryan Maher maintained a Hold rating on Community Healthcare Trust yesterday and set a price target of $31. The company’s shares opened today at $36.70, close to its 52-week high of $37.14.

Maher wrote:

“Community Healthcare Trust (CHCT) reported 4Q18 results that were generally in line with expectations. AFFO/share came in at $0.41, in line with ours and the consensus estimate of $0.41. Adjusted EBITDA (calculated as operating income plus D&A, deferred compensation, among other adjustments) came in at $9.4M, representing 17.3% Y/Y growth, but slightly below ours and the consensus estimate of $9.7M. Total revenue was $12.2M, up 11.2% Y/Y , but slightly below our estimate of $12.9M, with rental income growing 10.6%. The company was active from an acquisitions perspective in 4Q18, adding 11 properties to its portfolio for an aggregate purchase price of $24.1M, with another two properties acquired subsequent to quarter end.”

According to TipRanks.com, Maher is a 2-star analyst with an average return of 0.2% and a 52.2% success rate. Maher covers the Financial sector, focusing on stocks such as Office Properties Income Trust, Braemar Hotels & Resorts Inc, and Hersha Hospitality Trust.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Community Healthcare Trust with a $33 average price target.

See today’s analyst top recommended stocks >>

Altisource Portfolio Solutions SA (ASPS)

In a report released today, Michael Grondahl from Northland Securities maintained a Hold rating on Altisource Portfolio Solutions SA, with a price target of $30. The company’s shares opened today at $23.91.

Grondahl commented:

“We believe this was both lower buy-renovate-sell revenues and non-OCN servicing onboarding delays.”

According to TipRanks.com, Grondahl is a top 100 analyst with an average return of 32.8% and a 71.8% success rate. Grondahl covers the Financial sector, focusing on stocks such as Health Insurance Innovations, WisdomTree Investments, and Lendingtree Inc.

The the analyst consensus on Altisource Portfolio Solutions SA is currently a Hold rating.

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