Senior Housing Properties Trust (NYSE:SNH) was downgraded by investment analysts at Ned Davis Research from a “neutral” rating to a “sell” rating in a note issued to investors on Monday, Analyst Ratings.Net reports.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of Senior Housing Properties Trust in a research note to investors on Monday, October 14th. They now have a $25.00 price target on the stock. Finally, analysts at Janney Montgomery Scott initiated coverage on shares of Senior Housing Properties Trust in a research note to investors on Tuesday, September 10th. They set a “neutral” rating on the stock. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $25.00.
Senior Housing Properties Trust (NYSE:SNH) traded down 0.51% on Monday, hitting $23.46. 266,407 shares of the company’s stock traded hands. Senior Housing Properties Trust has a 52 week low of $21.92 and a 52 week high of $29.99. The stock’s 50-day moving average is $24.07 and its 200-day moving average is $25.20. The company has a market cap of $4.414 billion and a price-to-earnings ratio of 35.19.
Senior Housing Properties Trust (NYSE:SNH) last announced its earnings results on Tuesday, October 29th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by $0.01. The company had revenue of $187.27 million for the quarter, compared to the consensus estimate of $189.32 million. During the same quarter in the previous year, the company posted $0.43 earnings per share. The company’s revenue for the quarter was up 20.0% on a year-over-year basis. Analysts expect that Senior Housing Properties Trust will post $1.70 EPS for the current fiscal year.
Senior Housing Properties Trust (NYSE:SNH) is a real estate investment trust (REIT).
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