National Healthcare Properties, Inc. (NASDAQ:NHP) Given Average Rating of “Hold” by Brokerages

Shares of National Healthcare Properties, Inc. (NASDAQ:NHP) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $16.1667.

NHP has been the topic of a number of analyst reports. Wall Street Zen upgraded National Healthcare Properties to a “hold” rating in a research report on Saturday, May 2nd. Royal Bank Of Canada initiated coverage on National Healthcare Properties in a research report on Monday. They issued a “sector perform” rating and a $15.00 price target on the stock. Morgan Stanley initiated coverage on National Healthcare Properties in a research report on Monday. They issued an “equal weight” rating and a $16.00 price target on the stock. Wells Fargo & Company initiated coverage on National Healthcare Properties in a research report on Monday. They issued an “overweight” rating and a $16.00 price target on the stock. Finally, KeyCorp initiated coverage on National Healthcare Properties in a research report on Monday. They issued a “sector weight” rating on the stock.

National Healthcare Properties Price Performance

Shares of NASDAQ NHP opened at $14.86 on Monday. National Healthcare Properties has a one year low of $11.25 and a one year high of $15.09.