JMP Securities Initiates a Hold Rating on Global Medical REIT (GMRE)
Global Medical REIT (GMRE – Research Report) received a Hold rating from JMP Securities analyst Aaron Hecht today. The companys shares closed last Wednesday at $11.20, close to its 52-week low of $10.50.
According to TipRanks.com, Hecht is a 4-star analyst with an average return of 4.1% and a 48.3% success rate. Hecht covers the Financial sector, focusing on stocks such as Chicago Atlantic Real Estate ate Finance Inc, Innovative Industrial Properties, and Mid-America Apartment.
Global Medical REIT has an analyst consensus of Strong Buy, with a price target consensus of $15.50.
See today’s best-performing stocks on TipRanks >> The company has a one-year high of $18.51 and a one-year low of $10.50. Currently, Global Medical REIT has an average volume of 455.7K. TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. Global Medical REIT, Inc. engages in the acquisition of purpose-built healthcare facilities and leasing of those properties to strong healthcare systems and physician groups. The company was founded on March 18, 2011 and is headquartered in Bethesda, MD. Read More on GMRE:
Paid Post: Content produced by TipRanks. The Globe and Mail was not involved, and material was not reviewed prior to publication.
