Goldman Sachs Starts Medical Properties Trust (MPW) at Buy

March 21, 2013 8:14 AM EDT
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Price: $5.02 --0%

Rating Summary:
    6 Buy, 13 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 18 | New: 20
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Goldman Sachs initiates coverage on Medical Properties Trust (NYSE: MPW) with a Buy rating and $17 price target.

"We believe a wide spread between acquisition yields and corporate cost of capital and a smaller current earnings base will support robust earnings growth despite limited contractual rent growth," the Goldman Sachs analyst said. "We estimate that MPW's six-year AFFO growth of 83% will be 10th highest in all of our coverage (31 names total)."

For an analyst ratings summary and ratings history on Medical Properties Trust click here. For more ratings news on Medical Properties Trust click here.

Shares of Medical Properties Trust closed at $15.30 yesterday.


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