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

Impact Healthcare REIT (LON:IHR)‘s stock had its “buy” rating restated by Jefferies Financial Group in a report issued on Tuesday, Digital Look reports. They presently have a GBX 114 ($1.44) target price on the stock. Jefferies Financial Group’s price target indicates a potential upside of 33.80% from the company’s previous close.

Impact Healthcare REIT Price Performance

Shares of Impact Healthcare REIT stock traded down GBX 0.20 ($0.00) on Tuesday, hitting GBX 85.20 ($1.08). 486,593 shares of the company traded hands, compared to its average volume of 635,374. The stock has a market capitalization of £353.04 million, a P/E ratio of 2,128.98, a price-to-earnings-growth ratio of 1.95 and a beta of 0.33. The company has a debt-to-equity ratio of 39.36, a quick ratio of 2.37 and a current ratio of 2.54. Impact Healthcare REIT has a 52 week low of GBX 77.10 ($0.98) and a 52 week high of GBX 96.90 ($1.23). The business has a 50-day simple moving average of GBX 86.25 and a 200 day simple moving average of GBX 85.29.

Insider Buying and Selling

In other Impact Healthcare REIT news, insider Cedi Frederick purchased 11,748 shares of Impact Healthcare REIT stock in a transaction that occurred on Monday, April 29th. The shares were bought at an average price of GBX 85 ($1.08) per share, for a total transaction of £9,985.80 ($12,630.66). 8.00% of the stock is currently owned by company insiders.

About Impact Healthcare REIT

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.