Market Overview

UPDATE: JP Morgan Cuts PT to $10.50 on Medical Properties Trust; Updates Model

Related MPW
Medical Properties Trust, Inc. Announces More Than $1B In New Real Estate Investments
Top 4 Small-Cap Stocks In The REIT-Healthcare Facilities Industry With The Highest Cash

JP Morgan reiterates its Underweight rating on Medical Properties Trust (NYSE: MPW) but lowers its price target from $11 to $10.50.

JP Morgan comments, "After 1Q earnings we are updating our estimates. We are decreasing our 2012 normalized FFO estimate (excluding one-time items) $0.03, to $0.85/share. Our 2012 reported FFO estimate (inclusive of one-time items) is $0.83/share. We are maintaining our 2013 FFO estimate of $1.00/share."

MPW closed at $8.94 on Monday.

Latest Ratings for MPW

DateFirmActionFromTo
Oct 2014Bank of America
Jan 2014JefferiesUpgradesHoldBuy
Nov 2013JefferiesMaintainsHold

View More Analyst Ratings for MPW
View the Latest Analyst Ratings

Posted-In: JP MorganAnalyst Color Price Target Reiteration Pre-Market Outlook Analyst Ratings

 

Related Articles (MPW)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Benzinga Professional