Jefferies Maintains a 'Hold' on Health Care REIT (HCN); Post-4Q11 Review
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Price: $52.22 -4.01%
Rating Summary:
5 Buy, 16 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
5 Buy, 16 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Jefferies maintains a 'Hold' on Health Care REIT (NYSE: HCN) price target raised from $52 to $55.
Analyst, Omotayo Okusanya, said, "HCN continues to be an acquisition-fueled growth story, based on the thesis that HCN can successfully source and execute accretive off-market acquisition opportunities from its strong relationships across a diverse pool of regional operators. Pricing on acquisitions in 4Q11 however has raised questions that negotiation leverage is moving away from HCN to these operators."
"We are maintaining our 2012 FFO/sh estimate of $3.79, which compares to consensus estimate of $3.76 and HCN guidance range of $3.68-$3.78. We are introducing our 2013 FFO/sh estimate of $4.03, versus consensus of $4.02."
For an analyst ratings summary and ratings history on Health Care REIT click here. For more ratings news on Health Care REIT click here.
Shares of Health Care REIT closed at $55.46 yesterday.
Analyst, Omotayo Okusanya, said, "HCN continues to be an acquisition-fueled growth story, based on the thesis that HCN can successfully source and execute accretive off-market acquisition opportunities from its strong relationships across a diverse pool of regional operators. Pricing on acquisitions in 4Q11 however has raised questions that negotiation leverage is moving away from HCN to these operators."
"We are maintaining our 2012 FFO/sh estimate of $3.79, which compares to consensus estimate of $3.76 and HCN guidance range of $3.68-$3.78. We are introducing our 2013 FFO/sh estimate of $4.03, versus consensus of $4.02."
For an analyst ratings summary and ratings history on Health Care REIT click here. For more ratings news on Health Care REIT click here.
Shares of Health Care REIT closed at $55.46 yesterday.
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