Brokerages Set Diversified Healthcare Trust (NASDAQ:DHC) Target Price at $10.17
Diversified Healthcare Trust (NASDAQ:DHC) has received a consensus rating of “Hold” from the eight ratings firms that are covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $10.17.
A number of analysts recently weighed in on the stock. Raymond James upgraded shares of Diversified Healthcare Trust from an “underperform” rating to a “market perform” rating in a research note on Tuesday, January 7th. Bank of America assumed coverage on shares of Diversified Healthcare Trust in a research note on Monday, October 14th. They set an “underperform” rating for the company. BidaskClub upgraded shares of Diversified Healthcare Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, December 24th. ValuEngine cut shares of Diversified Healthcare Trust from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Finally, Zacks Investment Research upgraded shares of Diversified Healthcare Trust from a “sell” rating to a “hold” rating in a research note on Thursday, December 5th.
Shares of NASDAQ DHC traded up $0.06 during mid-day trading on Friday, reaching $8.37. The company had a trading volume of 6,902 shares, compared to its average volume of 1,708,326. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 1.23. The firm has a 50 day simple moving average of $7.83 and a two-hundred day simple moving average of $8.49. The stock has a market cap of $1.99 billion, a P/E ratio of 5.26, a PEG ratio of 1.81 and a beta of 0.54. Diversified Healthcare Trust has a 52-week low of $7.05 and a 52-week high of $14.31.
Diversified Healthcare Trust Company Profile
Diversified Healthcare Trust (Nasdaq: DHC) is a healthcare Real Estate Investment Trust, or REIT, which owns office buildings leased to medical providers, medical related businesses, clinics and biotech laboratory tenants; senior living communities; as well as wellness centers.
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