American Healthcare REIT, Inc. (NYSE:AHR) Receives $30.17 Consensus Target Price from Brokerages

Shares of American Healthcare REIT, Inc. (NYSE:AHR) have been assigned a consensus rating of “Buy” from the seven analysts that are presently covering the stock, Marketbeat Ratings reports. Seven analysts have rated the stock with a buy rating. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $30.17.

A number of research analysts have recently weighed in on the company. JMP Securities set a $35.00 price objective on American Healthcare REIT in a research report on Tuesday, March 4th. Morgan Stanley raised their price target on American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, December 30th. Finally, Citigroup reaffirmed an “outperform” rating on shares of American Healthcare REIT in a report on Tuesday, March 4th.

Institutional Investors Weigh In On American Healthcare REIT

Several large investors have recently added to or reduced their stakes in the stock. Diversify Advisory Services LLC lifted its stake in shares of American Healthcare REIT by 1.3% in the 4th quarter. Diversify Advisory Services LLC now owns 35,070 shares of the company’s stock valued at $955,000 after purchasing an additional 436 shares during the last quarter. Benjamin Edwards Inc. raised its holdings in American Healthcare REIT by 3.4% during the 4th quarter. Benjamin Edwards Inc. now owns 13,924 shares of the company’s stock valued at $396,000 after buying an additional 455 shares during the period. GAMMA Investing LLC lifted its position in American Healthcare REIT by 104.1% in the fourth quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock worth $28,000 after buying an additional 504 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in American Healthcare REIT by 4.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 13,915 shares of the company’s stock worth $395,000 after buying an additional 533 shares during the period. Finally, IFP Advisors Inc increased its position in American Healthcare REIT by 14.4% during the fourth quarter. IFP Advisors Inc now owns 4,683 shares of the company’s stock valued at $134,000 after acquiring an additional 591 shares during the last quarter. 16.68% of the stock is owned by institutional investors.

American Healthcare REIT Price Performance

Shares of NYSE:AHR opened at $29.37 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. The firm has a market cap of $4.63 billion and a price-to-earnings ratio of -61.18. The firm has a fifty day moving average price of $28.64 and a 200 day moving average price of $27.16. American Healthcare REIT has a fifty-two week low of $12.81 and a fifty-two week high of $30.97.

American Healthcare REIT Company Profile

Formed by the successful merger of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV, as well as the acquisition of the business and operations of American Healthcare Investors, American Healthcare REIT is one of the larger healthcare-focused real estate investment trusts globally with assets totaling approximately $4.2 billion in gross investment value.