B.Riley FBR analyst Bryan Maher reiterated a Buy rating on Senior Housing Properties Trust (NASDAQ: SNH) today and set a price target of $23. The company’s shares closed yesterday at $18.63.
According to TipRanks.com, Maher is a 4-star analyst with an average return of 3.7% and a 63.9% success rate. Maher covers the Financial sector, focusing on stocks such as Industrial Logistics Properties Trust, Government Properties Income Trust, and Braemar Hotels & Resorts Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Senior Housing Properties Trust with a $20.67 average price target, implying a 11.0% upside from current levels. In a report released yesterday, Cantor Fitzgerald also reiterated a Buy rating on the stock with a $21 price target.
.
See today’s analyst top recommended stocks >>
Based on Senior Housing Properties Trust’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $42.83 million. In comparison, last year the company had a net profit of $16.04 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Senior Housing Properties Trust is a real estate investment trust, which engages in the ownership of senior living communities, medical office buildings, and wellness centers. It operates through the following segments: Triple Net Leased Senior Living Communities, Managed Senior Living Communities, MOBs, and All Other.