Northwest Healthcare Reit (TSE:NWH.UN) had its price objective trimmed by CIBC from C$12.50 to C$11.50 in a report released on Friday, AnalystRatingsNetwork reports.
CIBC has also modified their ratings on a number of other stocks in the few days. The firm lowered its price target on shares of Rocky Mountain Chocolate Factory from $18.00 to $14.00. They have a sector perform rating on that stock. Also, CIBC initiated coverage on shares of CIBC. They issued a hold rating on that stock. Finally, CIBC lowered its price target on shares of Bank of Nova Scotia from C$67.00 to C$66.00. They have an outperform rating on that stock.
A number of other firms have also recently commented on NWH.UN. Analysts at National Bank Financial cut their price target on shares of Northwest Healthcare Reit from C$13.50 to C$12.75 in a research note to investors on Tuesday, July 30th. Analysts at Scotiabank cut their price target on shares of Northwest Healthcare Reit from C$13.75 to C$12.50 in a research note to investors on Friday, July 19th.
Two investment analysts have rated the stock with a hold rating, Northwest Healthcare Reit has an average rating of Hold and a consensus price target of C$12.65.
NorthWest Healthcare Properties Real Estate Investment Trust (TSE:NWH) is an open-ended real estate investment trust.
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