Sabra Healthcare REIT (SBRA) : 5 brokerage houses believe that Sabra Healthcare REIT (SBRA) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Sabra Healthcare REIT (SBRA). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 12 Wall Street Analysts endorse the stock as a Buy with a rating of 2.42.
Sabra Healthcare REIT (SBRA) : Average target price received by Sabra Healthcare REIT (SBRA) is $24.89 with an expected standard deviation of $3.69. The most aggressive target on the stock is $30, whereas the most downbeat target is $20. 9 financial analysts are currently covering the stock.
Also, BTIG Research initiates coverage on Sabra Healthcare REIT (NASDAQ:SBRA).The analysts at the brokerage house have a current rating of Neutral on the shares. The rating by the firm was issued on August 25, 2016.
Sabra Healthcare REIT (NASDAQ:SBRA): The stock opened in the green at $23.36 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $23.56 and a low of $23.22 for the day. The stock did not find buyers even at the lows and closed at $23.42 recording a loss of -0.09%. 480,883 shares exchanged hands during the trading day. The stock had closed at $23.44 in the previous days trading.
Sabra Health Care REIT, Inc. (Sabra) is a self-administered, self-managed real estate investment trust (REIT). Through its subsidiaries, the Company owns and invests in real estate serving the healthcare industry. The Company is primarily engaged in leasing healthcare properties to tenants and operators throughout the United States. It has a diverse portfolio of healthcare investments in the United States that offers a range of services, including skilled nursing/transitional care, assisted and independent living, mental health and acute care. The Companys investment portfolio consists of approximately 160 real estate properties held for investment, including 103 nursing/post-acute facilities, 55 senior housing facilities and two acute care hospitals; over 14 investments in loans receivable, including four mortgage loans, three construction loans, two mezzanine loans and five pre-development loans, and over six preferred equity investments.