Impact Healthcare REIT (LON:IHR) Stock Rating Reaffirmed by Jefferies Financial Group

Impact Healthcare REIT (LON:IHR)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Tuesday, Digital Look reports. They presently have a GBX 114 ($1.44) target price on the stock. Jefferies Financial Group’s target price indicates a potential upside of 33.80% from the company’s current price.

Impact Healthcare REIT Price Performance

Shares of LON:IHR traded down GBX 0.20 ($0.00) on Tuesday, reaching GBX 85.20 ($1.08). 486,593 shares of the company traded hands, compared to its average volume of 635,374. Impact Healthcare REIT has a fifty-two week low of GBX 77.10 ($0.98) and a fifty-two week high of GBX 96.90 ($1.23). The company’s 50 day moving average is GBX 86.25 and its 200-day moving average is GBX 85.29. The stock has a market capitalization of £353.04 million, a PE ratio of 2,128.98, a P/E/G ratio of 1.95 and a beta of 0.33. The company has a debt-to-equity ratio of 39.36, a current ratio of 2.54 and a quick ratio of 2.37.

Insiders Place Their Bets

In other Impact Healthcare REIT news, insider Cedi Frederick bought 11,748 shares of the stock in a transaction on Monday, April 29th. The shares were purchased at an average cost of GBX 85 ($1.08) per share, with a total value of £9,985.80 ($12,630.66). Company insiders own 8.00% of the company’s stock.

Impact Healthcare REIT Company Profile

Impact Healthcare REIT plc is a specialist and responsible owner of care homes and other healthcare properties across the UK. Elderly care is an essential service and demand for it is high and continues to grow as the UK's population gets older. We work with our tenants so we can grow together and help them care for more people, while continuing to improve our homes for their residents.