BidaskClub Upgrades RMR Group (RMR) to “Strong-Buy”
BidaskClub upgraded shares of RMR Group (NASDAQ:RMR) from a buy rating to a strong-buy rating in a research report report published on Wednesday morning.
Several other equities analysts also recently weighed in on the company. TheStreet raised RMR Group from a c rating to a b- rating in a research report on Tuesday, December 12th. Oppenheimer reissued a hold rating on shares of RMR Group in a research report on Tuesday, December 12th. B. Riley set a $55.00 target price on RMR Group and gave the company a hold rating in a research report on Wednesday, December 13th. Zacks Investment Research downgraded RMR Group from a strong-buy rating to a hold rating in a research report on Saturday, December 9th. Finally, FBR & Co reissued a neutral rating and set a $51.00 target price (up previously from $50.00) on shares of RMR Group in a research report on Monday, October 2nd. Four investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. RMR Group currently has a consensus rating of Buy and an average target price of $60.25.
RMR Group (NASDAQ RMR) opened at $60.85 on Wednesday. The firm has a market capitalization of $938.66, a P/E ratio of 23.14 and a beta of -0.71. RMR Group has a 12-month low of $38.55 and a 12-month high of $62.25.
RMR Group Company Profile
The RMR Group Inc is a holding company. The Company’s business is primarily conducted by its subsidiary, The RMR Group LLC (RMR LLC). The Company’s segments include RMR LLC and All Other Operations. RMR LLC manages a portfolio of publicly owned real estate and real estate related businesses. RMR LLC manages Government Properties Income Trust, a real estate investment trust (REIT) that primarily owns properties that are leased to government tenants; Hospitality Properties Trust, an REIT that primarily owns hotels and travel centers; Select Income REIT, an REIT that primarily owns properties leased to single tenants across the United States and leased lands in Hawaii, and Senior Housing Properties Trust, an REIT that primarily owns senior living communities and medical office buildings.
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