Global Medical REIT Inc (NYSE:GMRE) Receives Average Recommendation of “Buy” from Brokerages
Shares of Global Medical REIT Inc (NYSE:GMRE) have been assigned an average recommendation of “Buy” from the seven brokerages that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $13.63.
Several research analysts have recently weighed in on GMRE shares. B. Riley upped their price target on shares of Global Medical REIT from $13.00 to $15.00 and gave the company a “buy” rating in a report on Friday, December 20th. Zacks Investment Research lowered shares of Global Medical REIT from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th. Stifel Nicol ...