RMR Group Inc (RMR) was Reiterated by FBR Capital to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 31 from a previous price target of $30 . FBR Capital advised their investors in a research report released on May 11, 2016.
Many Wall Street Analysts have commented on RMR Group Inc. FBR Capital Initiated RMR Group Inc on Apr 22, 2016 to “Outperform”, Price Target of the shares are set at $30.
The RMR Group Inc. formerly Reit Management & Research Inc. is a holding company. The Company holds interests in and is the managing member of The RMR Group LLC (RMR LLC). The Company’s business primarily consists of providing management services to four real estate investment trusts (REITs) namely Government Properties Income Trust (GOV) Hospitality Properties Trust (HPT) Select Income REIT (SIR) and Senior Housing Properties Trust and three real estate operating companies namely Five Star Quality Care Inc. (Five Star) Sonesta International Hotels Corporation and TravelCenters of America LLC. GOV primarily owns office properties majority leased to the United States Government and state governments. HPT primarily owns hotel and travel center properties. SIR primarily owns properties that are leased to single tenants including industrial and commercial lands on the island of Oahu Hawaii. Five Star is a national healthcare and senior living services company.