Medical Properties Trust, Inc. (NYSE:MPW) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 29, 2016
Having a price of $15.13, Medical Properties Trust, Inc. (NYSE:MPW) traded 0.13% higher on the day. With the last close up 4.70% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Medical Properties Trust, Inc. has recorded a 50-day average of $14.95 and a two hundred day average of $14.45. Volume of trade was up over the average, with 9,636,741 shares of MPW changing hands over the typical 3,391,600
Zacks Investment Research has downgraded Medical Properties Trust, Inc. (NYSE:MPW) to Hold in a statement released on 09/30/2016.
On 09/21/2016, Zacks Investment Research released a statement on Medical Properties Trust, Inc. (NYSE:MPW) upped the target price from $0.00 to $16.00 that suggested an upside of 0.12%.
See Chart Below
Medical Properties Trust, Inc. has a 52 week low of $9.61 and a 52 week high of $15.92 with a P/E ratio of 18.50 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 7 brokers have issued a research note on the company. The average stock price target is $14.21 with 0 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 6 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Medical Properties Trust, Inc. (NYSE:MPW)
Medical Properties Trust, Inc. is a self-advised real estate investment trust (REIT) focused on investing in and owning net-leased healthcare facilities. It 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 Company's portfolio consists of 202 properties, which includes 179 facilities that the Company owns and 14 properties controlled in the form of mortgage loans. The properties are leased/mortgaged to 29 tenants located in 28 states, and Germany, United Kingdom, Italy, and Spain. Of the total portfolio, 9 facilities are under development. Its facilities consist of 64 general acute care hospitals, 69 inpatient rehabilitation hospitals, 23 long-term acute care hospitals, 43 free standing emergency rooms, and 3 medical office buildings.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.