Medical Properties Trust (MPW) : 7 analysts are covering Medical Properties Trust (MPW) and their average rating on the stock is 2.86, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Medical Properties Trust (MPW) : The most positive equity analysts on Medical Properties Trust (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.
Medical Properties Trust (NYSE:MPW): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.70 and $14.57 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $14.99, notching a gain of 1.97% for the day. The total traded volume was 3,861,945 . The stock had closed at $14.70 on the previous day.
Also, Equity Analysts at the JMP Securities downgrades the rating on Medical Properties Trust (NYSE:MPW). The brokerage firm has issued a Market Perform rating on the shares. The shares were previously rated Market Outperform. The rating by the firm was issued on July 1, 2016. The company shares have rallied 8.09% from its 1 Year high price. On Jun 30, 2016, the shares registered one year high at $15.50 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $14.77 and the 200 Day Moving Average price is recorded at $12.76.
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.