Sabra Healthcare REIT (SBRA) : The consensus price target for Sabra Healthcare REIT (SBRA) is $24.89 for the short term with a standard deviation of $3.69. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $30, however, the pessimist price target for the company is $20.
Sabra Healthcare REIT (SBRA) has an average broker rating of 2.42, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 5 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 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
Also, BTIG Research initiates coverage on Sabra Healthcare REIT (NASDAQ:SBRA). 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.
Sabra Healthcare REIT (NASDAQ:SBRA): The stock opened at $25.52 on Thursday but the bulls could not build on the opening and the stock topped out at $25.52 for the day. The stock traded down to $25.00 during the day, due to lack of any buying support eventually closed down at $25.23 with a loss of -0.98% for the day. The stock had closed at $25.48 on the previous day. The total traded volume was 236,375 shares.
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.