BidaskClub upgraded shares of RMR Group (NASDAQ:RMR) from a buy rating to a strong-buy rating in a research report report published on Wednesday morning.
Other research analysts have also issued research reports about the stock. B. Riley reaffirmed a neutral rating on shares of RMR Group in a research note on Wednesday, November 1st. TheStreet upgraded shares of RMR Group from a c rating to a b- rating in a research report on Tuesday, December 12th. Oppenheimer reiterated a hold rating on shares of RMR Group in a research report on Tuesday, December 12th. Zacks Investment Research downgraded shares of RMR Group from a strong-buy rating to a hold rating in a research report on Saturday, December 9th. Finally, FBR & Co reiterated a neutral rating and issued a $51.00 price target (up from $50.00) on shares of RMR Group in a research report on Monday, October 2nd. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of Buy and a consensus target price of $60.25.
Shares of RMR Group (RMR) traded down $1.05 during midday trading on Wednesday, hitting $60.85. 13,740 shares of the stock traded hands, compared to its average volume of 36,837. The company has a market cap of $938.66, a price-to-earnings ratio of 23.14 and a beta of -0.71. RMR Group has a one year low of $38.55 and a one year high of $62.25.
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RMR Group Company Profile
The RMR Group Inc is a holding company. The Company’s business is primarily conducted by its subsidiary, The RMR Group LLC (RMR LLC). The Company’s segments include RMR LLC and All Other Operations. RMR LLC manages a portfolio of publicly owned real estate and real estate related businesses. RMR LLC manages Government Properties Income Trust, a real estate investment trust (REIT) that primarily owns properties that are leased to government tenants; Hospitality Properties Trust, an REIT that primarily owns hotels and travel centers; Select Income REIT, an REIT that primarily owns properties leased to single tenants across the United States and leased lands in Hawaii, and Senior Housing Properties Trust, an REIT that primarily owns senior living communities and medical office buildings.
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