Community Healthcare Trust (NYSE:CHCT) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.
A number of other equities analysts also recently commented on the stock. Zacks Investment Research downgraded shares of Community Healthcare Trust from a “hold” rating to a “sell” rating in a research note on Friday, November 10th. BidaskClub downgraded shares of Community Healthcare Trust from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $26.50.
Community Healthcare Trust (CHCT) traded down $0.05 during trading on Friday, hitting $27.21. 208,539 shares of the stock were exchanged, compared to its average volume of 234,806. Community Healthcare Trust has a one year low of $21.14 and a one year high of $29.16. The firm has a market cap of $492.12, a P/E ratio of 18.77 and a beta of 0.99.
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About Community Healthcare Trust
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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