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Sabra Health Care REIT Inc (NASDAQ:SBRA) has been downgraded to Sell in a report by Zacks Investment Research today.

Zacks Investment Research has downgraded Sabra Health Care REIT Inc (NASDAQ:SBRA) to Sell in a report released on 6/08/2017.

Previously on 4/12/2017, Zacks Investment Research reported on Sabra Health Care REIT Inc (NASDAQ:SBRA) increased the target price from $0.00 to $32.00. At the time, this indicated a possible upside of 0.14%.

Just yesterday Sabra Health Care REIT Inc (NASDAQ:SBRA) traded 0.43% higher at $22.88. Sabra Health Care REIT Inc’s 50-day moving average is $22.14 and its 200-day moving average is $23.99. The last closing price is down -11.49% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 1,405,845 shares of the stock were exchanged, down from an average trading volume of 2,763,610

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Sabra Health Care REIT Inc (NASDAQ:SBRA)

Sabra Health Care REIT Inc has a 52 week low of $19.30 and a 52 week high of $29.10 with a P/E ratio of 17.87 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 10 analysts have released a report on Sabra Health Care REIT Inc. The 12-month price target is $23.35 with 0 brokers rating the stock a strong buy, 1 broker rating the company a buy, ten equity analysts rating the company a hold, 1 firm rating the stock a underperform, and finally 0 analysts rating the company a sell.

More About Sabra Health Care REIT Inc (NASDAQ:SBRA)

Sabra Health Care REIT, Inc. is a real estate investment trust. The Company, through its subsidiaries, owns and invests in real estate serving the healthcare industry. The Company's segment includes investments in healthcare-related real estate properties. The Company's primary business consists of acquiring, financing and owning real estate property to be leased to third-party tenants in the healthcare sector. As of December 31, 2016, the Company's investment portfolio consisted of 183 real estate properties held for investment (consisting of 97 skilled nursing/transitional care facilities, 85 senior housing facilities, and one acute care hospital); 10 investments in loans receivable (consisting of four mortgage loans, one construction loan, one mezzanine loan, three pre-development loans and one debtor-in-possession (DIP) loan) and 12 preferred equity investments. It has properties located in New Hampshire, Texas, Florida, Kentucky, Ohio, Maryland and Nebraska, among others.

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