Market Overview

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

Share:
Related MPW
Benzinga's Option Alert Recap From January 25
Benzinga's Option Alert Recap From January 24
Medical Properties declares $0.24 dividend (Seeking Alpha)

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
Dec 2016JP MorganDowngradesNeutralUnderweight
Dec 2016Wells FargoDowngradesMarket PerformUnderperform
Nov 2016BarclaysInitiates Coverage OnEqual-Weight

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)

View Comments and Join the Discussion!