NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) Receives Consensus Recommendation of “Hold” from Analysts

Shares of NorthWest Health Prop Real Est Inv Trust (TSE:NWH.UN) have been assigned an average rating of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is C$6.29.

Several analysts have issued reports on NWH.UN shares. Cormark raised NorthWest Health Prop Real Est Inv Trust from a “market perform” rating to a “buy” rating in a research note on Thursday, March 21st. BMO Capital Markets cut their price objective on shares of NorthWest Health Prop Real Est Inv Trust from C$6.00 to C$5.00 in a research note on Friday, February 9th.

NorthWest Health Prop Real Est Inv Trust Price Performance

NWH.UN opened at C$5.05 on Friday. The stock has a market capitalization of C$1.23 billion, a P/E ratio of -3.53, a PEG ratio of 0.74 and a beta of 1.02. The company has a current ratio of 0.38, a quick ratio of 0.06 and a debt-to-equity ratio of 127.50. NorthWest Health Prop Real Est Inv Trust has a 12-month low of C$3.89 and a 12-month high of C$8.12. The stock has a 50-day moving average price of C$4.62 and a 200-day moving average price of C$4.64.

About NorthWest Health Prop Real Est Inv Trust

NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (NorthWest) is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. As at June 30, 2020, the REIT provides investors with access to a portfolio of high quality international healthcare real estate infrastructure comprised of interests in a diversified portfolio of 189 income-producing properties and 15.3 million square feet of gross leasable area located throughout major markets in Canada, Brazil, Europe, Australia and New Zealand.