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UPDATE: Jefferies & Company Reiterates Buy Rating, Lowers PT on Senior Housing Properties Trust

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In a report published Wednesday, Jefferies & Company reiterated its Buy rating on Senior Housing Properties Trust (NYSE: SNH), but slightly lowered its price target from $26.00 to $25.00.

Jefferies noted, “While SNH stock has underperformed the RMZ index this year by over 1400 bps, we believe the risk-reward remains favorable as the positive effects of recent acquisitions begin to show in results over the next 6 to 12 months. We maintain our Buy Rating.”

Senior Housing Properties Trust closed on Tuesday at $21.89.

Latest Ratings for SNH

DateFirmActionFromTo
Aug 2016JefferiesMaintainsBuy
Jun 2016RBC CapitalUpgradesSector PerformOutperform
Jan 2016JefferiesUpgradesHoldBuy

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Posted-In: Senior Housing Properties TrustAnalyst Color Price Target Analyst Ratings

 

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