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Zacks Investment Research announced Omega Healthcare Investors Inc (NYSE:OHI), raising its target price to $40.00 today

Having a price of $34.84, Omega Healthcare Investors Inc (NYSE:OHI) traded 0.28% higher on the day. With the last stock price close up 5.17% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. OHI has recorded a 50-day average of $36.23 and a 200-day moving average of $34.35. 1,940,657 shares of the stock were exchanged, down from an average trading volume of 2,074,340

Omega Healthcare Investors Inc (NYSE:OHI) had its price target upped to $40.00 by Zacks Investment Research in a report released 9/22/2016. The new stock price target implies a possible upside of 0.15% based on the company's most recent stock price close.

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Omega Healthcare Investors Inc (NYSE:OHI)

Omega Healthcare Investors Inc has a 52 week low of $26.96 and a 52 week high of $38.09 with a P/E ratio of 22.68 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 8 firms have issued a report on the stock. The consensus target price is $35.50 with 3 firms rating the stock a strong buy, 2 firms rating the stock a buy, 3 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Omega Healthcare Investors Inc (NYSE:OHI)

Omega Healthcare Investors, Inc. (Omega) is a self-administered real estate investment trust (REIT). The Company invests in income producing healthcare facilities, long-term care facilities located throughout the United States and the United Kingdom. It operates through the segment, which consists of investments in healthcare-related real estate properties. It provides lease or mortgage financing to qualified operators of skilled nursing facilities (SNFs) and assisted living facilities (ALFs), independent living facilities, rehabilitation and acute care facilities. Its portfolio consists of long-term leases and mortgage agreements. Its portfolio of investments included approximately 950 healthcare facilities, located in over 40 states and the United Kingdom that are operated by over 80 third-party operators. The portfolio consists of approximately 780 SNFs, 85 ALFs, 15 specialty facilities, one medical office building, and fixed rate mortgages on 55 SNFs and two ALFs.

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