Medical Properties Trust (MPW) has an average broker rating of 2.63, which is interpreted as a Hold, as rated by 8 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.
Medical Properties Trust (MPW) stock is expected to deviate a maximum of $2.16 from the average target price of $16 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $18 and the most muted being $13.
Company shares have received an average consensus rating of Hold for the current week Also, BTIG Research initiates coverage on Medical Properties Trust (NYSE:MPW). The shares have now been rated Neutral by the stock experts at the ratings house. The rating by the firm was issued on August 25, 2016.
Medical Properties Trust (NYSE:MPW): The stock opened at $15.38 and touched an intraday high of $15.57 on Wednesday. During the day, the stock corrected to an intraday low of $15.35, however, the bulls stepped in and pushed the price higher to close in the green at $15.46 with a gain of 0.59% for the day. The total traded volume for the day was 4,391,458. The stock had closed at $15.37 in the previous trading session.
Medical Properties Trust, Inc. is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. The Company conducts all of its business through MPT Operating Partnership, L.P. It acquires and develops healthcare facilities and leases the facilities to healthcare operating companies under long-term net leases. It also makes mortgage loans to healthcare operators collateralized by their real estate assets. The Companys portfolio consists of 138 properties, which include 117 facilities (of the 130 facilities that the Company owns) leased to 27 tenants, 13 under development and the remaining assets in the form of mortgage loans to three operators. The Companys facilities consist of 73 general acute care hospitals, 23 long-term acute care hospitals, 33 inpatient rehabilitation hospitals, three medical office buildings and six wellness centers.