Colliers Securities analyst Kyle Bauser reiterated a Buy rating on New Senior Investment Group (SNR) on February 26 and set a price target of $7.00. The company’s shares closed last Friday at $6.27, close to its 52-week high of $6.61.
According to TipRanks.com, Bauser is a 4-star analyst with an average return of 13.6% and a 52.8% success rate. Bauser covers the Healthcare sector, focusing on stocks such as Tactile Systems Technology, Inspire Medical Systems, and Bioanalytical Systems.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for New Senior Investment Group with a $6.50 average price target.
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New Senior Investment Group’s market cap is currently $520.3M and has a P/E ratio of -78.40. The company has a Price to Book ratio of 2.63.
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New Senior Investment Group, Inc. engages in investing in private pay senior housing properties. It operates through the following properties: Managed IL, and Other. The Managed IL Properties invest in senior housing properties throughout the United States and engage property managers to manage those senior housing properties. The Other Properties invests in senior housing and healthcare properties throughout the United States and lease those properties to healthcare operating companies under triple net leases that obligate the tenants to pay all property-related expenses, including maintenance, utilities, taxes, insurance, repairs, capital improvements and the payroll expense of property-level employees. The company was founded on May 17, 2012 and is headquartered in New York, NY.
