RMR Group Inc (RMR) is Downgraded by FBR Capital to Mkt Perform, Raises Price Target to $ 39

RMR Group Inc (RMR) was Downgraded by FBR Capital to ” Mkt Perform” according to the research note released today. The brokerage firm has raised the Price Target to $ 39 from a previous price target of $31 . Earlier the firm had a rating of “Outperform ” on the company shares. FBR Capital advised their investors in a research report released on Aug 10, 2016.

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.

RMR Group Inc

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