RBC Capital Reiterates Sector Perform Rating on Omega Healthcare Investors (OHI)

RBC Capital analyst Michael Carroll reiterated a Sector Perform rating and $41.00 price target on Omega Healthcare Investors (NYSE: OHI).

The analyst commented: "We recently hosted an NDR with OHI. Management detailed a new more creative investment strategy and desire to further strengthen its in-place portfolio. We are encouraged by this new approach and believe it could help propel a 4-6% annual AFFO growth rate going forward. However, in the near-term, we believe it might take time for the team to ramp-up investments in these new segments especially on a net basis (post asset sales). "

For an analyst ratings summary and ratings history on Omega Healthcare Investors click here. For more ratings news on Omega Healthcare Investors click here.

Shares of Omega Healthcare Investors closed at $40.08 yesterday.

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