In a report released today, Jonathan Hughes from Raymond James maintained a Buy rating on Medical Properties (MPW – Research Report), with a price target of $18.00. The company’s shares closed yesterday at $12.98.
Hughes covers the Financial sector, focusing on stocks such as Welltower, Ventas, and Medical Properties. According to TipRanks, Hughes has an average return of 8.3% and a 58.49% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Medical Properties with a $18.23 average price target.
MPW market cap is currently $7.78B and has a P/E ratio of 6.49.
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Medical Properties Trust, Inc. is a self-advised real estate investment trust, which engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals; long-term acute care hospitals; ambulatory surgery centers; hospitals for women and children; regional and community hospitals; medical office buildings; and other single-discipline facilities. The company was founded by Edward K. Aldag Jr., R. Steven Hamner, Emmett E. McLean, and William Gilliard McKenzie on August 27, 2003 and is headquartered in Birmingham, AL.
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