Colliers Securities analyst David Toti reiterated a Buy rating on Medical Properties (NYSE:MPW) Trust on Wednesday, setting a price target of $24, which is approximately 20.30% above the present share price of $19.95.
Toti expects Medical Properties Trust to post earnings per share (EPS) of $0.19 for the third quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Medical Properties, with an average price target of $23.58.
The analysts price targets range from a high of $27 to a low of $21.5.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $381.79 million and a net profit of $252.19 million. The company's market cap is $11.88 billion.
According to TipRanks.com, Colliers Securities analyst David Toti is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.9% and a 62.71% success rate.
Medical Properties Trust, Inc. is a self-advised real estate investment trust, which engages in the investment, acquisition, and development of net-leased healthcare facilities. Its property portfolio includes rehabilitation hospitals; long-term acute care hospitals; ambulatory surgery centers; hospitals for women and children; regional and community hospitals; medical office buildings; and other single-discipline facilities. The company was founded by Edward K. Aldag Jr., R. Steven Hamner, Emmett E. McLean, and William Gilliard McKenzie on August 27, 2003 and is headquartered in Birmingham, AL.