Senior Housing Properties Trust (SNH) : Analyst Rating Update

Senior Housing Properties Trust (SNH) : The consensus on Senior Housing Properties Trust (SNH) based on 7 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Senior Housing Properties Trust (SNH).

Senior Housing Properties Trust (SNH) : The most positive equity analysts on Senior Housing Properties Trust (SNH) expects the shares to touch $23, whereas, the least positive believes that the stock will trade at $17 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $18.9 with an expected fluctuation of $2.46 from the mean.

Senior Housing Properties Trust (NYSE:SNH): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $21.03 and $21.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $21.44. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.42, notching a gain of 1.47% for the day. The total traded volume was 1,996,003 . The stock had closed at $21.11 on the previous day.

Also, In a research note released to the investors, RBC Capital upgrades its rating on Senior Housing Properties Trust (NYSE:SNH).The analysts at the brokerage house have a current rating of Outperform on the shares. Earlier, the shares were rated a Sector Perform by the brokerage firm. The rating by the firm was issued on June 17, 2016. The company shares have rallied 16.63% from its 1 Year high price. On Jun 29, 2016, the shares registered one year high at $21.38 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $19.38 and the 200 Day Moving Average price is recorded at $17.06.

Senior Housing Properties Trust is a real estate investment trust (REIT). The Company operates through four segments. The first segment includes triple net senior living communities that provide short term and long term residential care and dining services for residents. Properties in this segment include leased independent living communities, assisted living communities and skilled nursing facilities. The second segment includes managed senior living communities that provide residential care and dining services for residents. Properties in this segment include managed independent living communities and assisted living communities. The third segment includes properties where medical related activities occur but where residential overnight stays and dining services are not provided. Properties in this segment include medical office buildings (MOBs). The fourth segment includes the operating results of certain properties that offer fitness, wellness and spa services.

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