Citizens Jmp Increases National Healthcare Properties (NASDAQ:NHP) Price Target to $21.00

National Healthcare Properties (NASDAQ:NHP) had its price objective hoisted by equities research analysts at Citizens Jmp from $18.00 to $21.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has a “market outperform” rating on the stock. Citizens Jmp’s price objective points to a potential upside of 30.43% from the company’s previous close.

NHP has been the subject of a number of other research reports. Royal Bank Of Canada assumed coverage on National Healthcare Properties in a research note on Monday, May 18th. They set a “sector perform” rating and a $15.00 price objective for the company. Citigroup reiterated an “outperform” rating on shares of National Healthcare Properties in a report on Monday. KeyCorp assumed coverage on shares of National Healthcare Properties in a report on Monday, May 18th. They set a “sector weight” rating for the company. Robert W. Baird assumed coverage on shares of National Healthcare Properties in a research report on Monday, May 18th. They set an “outperform” rating and a $17.00 price target for the company. Finally, The Goldman Sachs Group began coverage on shares of National Healthcare Properties in a report on Monday, May 18th. They issued a “buy” rating and a $20.00 price target on the stock. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, National Healthcare Properties currently has an average rating of “Hold” and a consensus price target of $17.67.

National Healthcare Properties Price Performance

NASDAQ NHP opened at $16.10 on Monday. National Healthcare Properties has a 1-year low of $11.25 and a 1-year high of $17.46. The firm has a 50-day moving average of $15.02. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.23 and a quick ratio of 0.23.

National Healthcare Properties (NASDAQ:NHP) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) earnings per share (EPS) for the quarter. The company had revenue of $87.53 million for the quarter. National Healthcare Properties had a negative return on equity of 7.36% and a negative net margin of 13.04%.During the same quarter last year, the firm posted ($0.85) EPS. As a group, equities research analysts forecast that National Healthcare Properties will post 0.76 earnings per share for the current year.

About National Healthcare Properties

National Healthcare Properties Inc is a self-managed real estate investment trust focused on acquiring, owning and investing in a diversified portfolio of healthcare real estate, with an emphasis on providing senior housing. National Healthcare Properties Inc is based in NEW YORK.