Analyst Price Target is $21.25
▲ +14.56% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Community Healthcare Trust in the last 3 months. The average price target is $21.25, with a high forecast of $25.00 and a low forecast of $18.00. The average price target represents a 14.56% upside from the last price of $18.55.
Current Consensus is
Hold
The current consensus among 3 contributing investment analysts is to hold stock in Community Healthcare Trust. This rating has held steady since April 2024, when it changed from a Moderate Buy consensus rating.
Community Healthcare Trust Incorporated (the Company'', we'', our'') was organized in the State of Maryland on March 28, 2014. The Company is a fully-integrated healthcare real estate company that owns and acquires real estate properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers. As of March 31, 2024, the Company had investments of approximately $1.1 billion in 197 real estate properties (including a portion of one property accounted for as a sales-type lease with a gross amount totaling approximately $3.0 million and two properties classified as an asset held for sale with an aggregate amount totaling approximately $7.5 million. The properties are located in 35 states, totaling approximately 4.4 million square feet in the aggregate and were approximately 92.3% leased, excluding real estate assets held for sale, at March 31, 2024 with a weighted average remaining lease term of approximately 6.9 years.
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