Colliers Securities analyst David Toti reiterated a Hold rating on Community Healthcare (NYSE:CHCT) Trust on Thursday, setting a price target of $52, which is approximately 7.66% above the present share price of $48.3.
Toti expects Community Healthcare Trust to post earnings per share (EPS) of $0.22 for the third quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Community Healthcare, with an average price target of $53.5.
The analysts price targets range from a high of $56 to a low of $52.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $22.69 million and a net profit of $8.41 million. The company's market cap is $1.19 billion.
According to TipRanks.com, Colliers Securities analyst David Toti is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 3.1% and a 61.40% success rate.
Community Healthcare Trust, Inc. engages in the acquisition of real estate properties that are leased to hospitals, doctors, healthcare systems, and other healthcare services providers. It invests in healthcare properties including outpatient treatment and diagnostic facilities; urgent care centers; acute care hospitals; ambulatory surgery centers; assisted living and long-term care facilities; medical office buildings; clinics; specialty hospitals; and treatment centers. The company was founded by Timothy G. Wallace on March 28, 2014 and is headquartered in Franklin, TN.