Senior Housing Properties Trust (SNH) was Downgraded to a Sell Rating at Jefferies


Senior Housing Properties Trust (SNH) received a Sell rating from Jefferies analyst Omotayo Okusanya today. The company’s shares closed yesterday at $14.83, close to its 52-week low of $14.68.

According to TipRanks.com, Okusanya is a 4-star analyst with an average return of 7.2% and a 59.1% success rate. Okusanya covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Retail Properties of America Inc, and NexPoint Residential Trust Inc.

The word on The Street in general, suggests a Hold analyst consensus rating for Senior Housing Properties Trust with a $18.50 average price target.

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Based on Senior Housing Properties Trust’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $45.81 million. In comparison, last year the company had a net profit of $34.41 million.

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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.

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