Community Healthcare Trust (NYSE:CHCT) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Friday.
Other equities research analysts have also issued research reports about the company. BidaskClub raised Community Healthcare Trust from a “hold” rating to a “buy” rating in a research note on Wednesday, September 20th. Zacks Investment Research downgraded Community Healthcare Trust from a “hold” rating to a “sell” rating in a report on Wednesday, August 16th. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. Community Healthcare Trust presently has a consensus rating of “Hold” and an average price target of $26.50.
Community Healthcare Trust (NYSE CHCT) traded down $0.05 during midday trading on Friday, hitting $27.21. The stock had a trading volume of 208,539 shares, compared to its average volume of 96,326. Community Healthcare Trust has a 12 month low of $21.14 and a 12 month high of $29.16. The company has a market cap of $490.02 and a price-to-earnings ratio of 19.67.
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Community Healthcare Trust Company Profile
Community Healthcare Trust Incorporated is an integrated healthcare real estate company. The Company owns and acquires, or finances, real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers in non-urban markets. It has investments in healthcare real estate, including mortgage and other loans.
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