Brokerages Set National Healthcare Properties, Inc. (NASDAQ:NHP) PT at $17.13

Shares of National Healthcare Properties, Inc. (NASDAQ:NHP) have received an average recommendation of “Moderate Buy” from the ten research firms that are currently covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $17.1250.

A number of analysts have weighed in on the company. Morgan Stanley assumed coverage on National Healthcare Properties in a research report on Monday, May 18th. They issued an “equal weight” rating and a $16.00 price target for the company. Wells Fargo & Company assumed coverage on National Healthcare Properties in a research report on Monday, May 18th. They issued an “overweight” rating and a $16.00 price target for the company. BMO Capital Markets assumed coverage on National Healthcare Properties in a research report on Monday, May 18th. They issued a “market perform” rating and a $17.00 price target for the company. The Goldman Sachs Group started coverage on National Healthcare Properties in a research report on Monday, May 18th. They issued a “buy” rating and a $20.00 price target for the company. Finally, Citigroup started coverage on National Healthcare Properties in a research report on Thursday, May 28th. They set an “outperform” rating for the company.

National Healthcare Properties Stock Down 2.2%

Shares of NASDAQ:NHP opened at $13.47 on Friday. National Healthcare Properties has a fifty-two week low of $11.25 and a fifty-two week high of $15.40. The stock has a market capitalization of $982.03 million and a price-to-earnings ratio of 11.52.