Medical Properties Trust (NYSE:MPW) : The most positive equity analysts on Medical Properties Trust (NYSE:MPW) expects the shares to touch $18, whereas, the least positive believes that the stock will trade at $13 in the short term. The company is covered by 3 Wall Street Brokerage Firms. The average price target for shares are $14.67 with an expected fluctuation of $2.89 from the mean.
Other Equity analysts have also commented on the company shares. Jefferies maintains their rating on the shares of Medical Properties Trust (NYSE:MPW). The current rating of the shares is Hold. Equity Analysts at the Firm lowers the price target to $11.5 per share from $12 per share. The rating by the firm was issued on February 25, 2016.
Medical Properties Trust (NYSE:MPW): stock turned positive on Thursday. Though the stock opened at $15.09, the bulls momentum made the stock top out at $15.17 level for the day. The stock recorded a low of $15.06 and closed the trading day at $15.13, in the green by 0.93%. The total traded volume for the day was 2,099,299. The stock had closed at $14.99 in the previous days trading.
The company shares have rallied 14.17% from its 1 Year high price. On Jun 13, 2016, the shares registered one year high at $15.29 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $14.58 and the 200 Day Moving Average price is recorded at $12.52. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Mclean Emmett E, officer (Executive Vice President & COO) of Medical Properties Trust Inc, had unloaded 50,000 shares at an average price of $14.67 in a transaction dated on June 16, 2016. The total value of the transaction was worth $733,500.
Medical Properties Trust, Inc. is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. The Company conducts all of its business through MPT Operating Partnership, L.P. It acquires and develops healthcare facilities and leases the facilities to healthcare operating companies under long-term net leases. It also makes mortgage loans to healthcare operators collateralized by their real estate assets. The Companys portfolio consists of 138 properties, which include 117 facilities (of the 130 facilities that the Company owns) leased to 27 tenants, 13 under development and the remaining assets in the form of mortgage loans to three operators. The Companys facilities consist of 73 general acute care hospitals, 23 long-term acute care hospitals, 33 inpatient rehabilitation hospitals, three medical office buildings and six wellness centers.