Cantor Fitzgerald Starts MedEquities Realty Trust (MRT) at Overweight

Cantor Fitzgerald initiates coverage on MedEquities Realty Trust (NYSE: MRT) with a Overweight rating and a price target of $14.00.

Analyst Joseph France comments "We like the company's focus on post-acute care, particularly skilled nursing, its strong rent coverage and the stock's 7.31% yield. MRT's two largest operators are the highly regarded Baylor system in Texas and Fundamental Health, a large provider of skilled nursing, long-term acute care and rehabilitation services in nine states, with more than $500 million in annual revenue."

For an analyst ratings summary and ratings history on MedEquities Realty Trust click here. For more ratings news on MedEquities Realty Trust click here.

Shares of MedEquities Realty Trust closed at $11.47 yesterday.

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