Morgan Stanley Remains a Hold on New Senior Investment Group (SNR)
Morgan Stanley analyst Vikram Malhorta maintained a Hold rating on New Senior Investment Group (SNR) today and set a price target of $6.30. The company’s shares closed last Monday at $6.49.
According to TipRanks.com, Malhorta is a 3-star analyst with an average return of 3.0% and a 62.9% success rate. Malhorta covers the Financial sector, focusing on stocks such as Senior Housing Properties Trust, National Retail Properties, and Physicians Realty Trust.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for New Senior Investment Group with a $8 average price target.
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The company has a one-year high of $7.27 and a one-year low of $4.04. Currently, New Senior Investment Group has an average volume of 436.3K.
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New Senior Investment Group, Inc. engages in investing in private pay senior housing properties. It operates through Managed IL Properties, Managed AL/MC Properties and Triple Net Lease Properties.