Colliers Securities analyst David Toti reiterated a Buy rating on Medical Properties (MPW – Research Report) today and set a price target of $17.00. The company’s shares opened today at $13.00.
Toti covers the Financial sector, focusing on stocks such as Whitestone REIT, Camden Property, and Community Healthcare. According to TipRanks, Toti has an average return of -3.3% and a 45.35% success rate on recommended stocks.
Medical Properties has an analyst consensus of Moderate Buy, with a price target consensus of $17.11, implying a 31.62% upside from current levels. In a report released on December 2, Mizuho Securities also maintained a Buy rating on the stock with a $18.00 price target.
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MPW market cap is currently $7.78B and has a P/E ratio of 6.24.
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Medical Properties Trust, Inc. is a self-advised real estate investment trust, which engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals; long-term acute care hospitals; ambulatory surgery centers; hospitals for women and children; regional and community hospitals; medical office buildings; and other single-discipline facilities. The company was founded by Edward K. Aldag Jr., R. Steven Hamner, Emmett E. McLean, and William Gilliard McKenzie on August 27, 2003 and is headquartered in Birmingham, AL.
Read More on MPW:
- Medical Properties Trust price target lowered to $18 from $20 at Mizuho
- Medical Properties Trust put volume heavy and directionally bearish
- 5 Top Dividend Stocks to Invest in Now
- Medical Properties upgraded to Buy at BofA on valuation, upcoming catalysts
- Medical Properties Trust upgraded to Buy from Neutral at BofA
