$9.85
0.222.28%
At Close: -
$9.85
00.00%
After Hours: Jul 26, 4:00 PM EDT
15 minutes delayed
Comments
Loading...
Global Medical REIT (NYSE:GMRE) Stock, Analyst Ratings, Price Targets, Forecasts
Global Medical REIT Inc has a consensus price target of $9.5 based on the ratings of 4 analysts. The high is $10 issued by B. Riley Securities on May 13, 2024. The low is $9 issued by BMO Capital on October 6, 2022. The 3 most-recent analyst ratings were released by B. Riley Securities on May 13, 2024, May 8, 2023, and March 6, 2023, respectively. With an average price target of $11 between B. Riley Securities, there's an implied 11.68% upside for Global Medical REIT Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
B. Riley Securities
BMO Capital
1calculated from analyst ratings
Analyst Ratings for Global Medical REIT
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/13/2024 | Buy Now | 1.52% | B. Riley Securities | Bryan Maher | $11 → $10 | Maintains | Buy | Get Alert |
| 05/08/2023 | Buy Now | 11.68% | B. Riley Securities | Bryan Maher | $12 → $11 | Maintains | Buy | Get Alert |
| 03/06/2023 | Buy Now | 21.83% | B. Riley Securities | Bryan Maher | $14 → $12 | Maintains | Buy | Get Alert |
| 10/10/2022 | Buy Now | — | Baird | Amanda Sweitzer | — | Downgrade | Outperform → Neutral | Get Alert |
| 10/06/2022 | Buy Now | -8.63% | BMO Capital | John Kim | $13 → $9 | Downgrade | Outperform → Market Perform | Get Alert |
| 01/13/2022 | Buy Now | — | Keybanc | Jordan Sadler | — | Downgrade | Overweight → Sector Weight | Get Alert |
| 09/20/2021 | Buy Now | 72.59% | Keybanc | Jordan Sadler | — | Initiates | → Overweight | Get Alert |
FAQ
What is the target price for Global Medical REIT (GMRE) stock?
The latest price target for Global Medical REIT (NYSE:GMRE) was reported by B. Riley Securities on May 13, 2024. The analyst firm set a price target for $10.00 expecting GMRE to rise to within 12 months (a possible 1.52% upside). 1 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Global Medical REIT (GMRE)?
The latest analyst rating for Global Medical REIT (NYSE:GMRE) was provided by B. Riley Securities, and Global Medical REIT maintained their buy rating.
When was the last upgrade for Global Medical REIT (GMRE)?
There is no last upgrade for Global Medical REIT
When was the last downgrade for Global Medical REIT (GMRE)?
The last downgrade for Global Medical REIT Inc happened on October 10, 2022 when Baird changed their price target from N/A to N/A for Global Medical REIT Inc.
When is the next analyst rating going to be posted or updated for Global Medical REIT (GMRE)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Global Medical REIT, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Global Medical REIT was filed on May 13, 2024 so you should expect the next rating to be made available sometime around May 13, 2025.
Is the Analyst Rating Global Medical REIT (GMRE) correct?
While ratings are subjective and will change, the latest Global Medical REIT (GMRE) rating was a maintained with a price target of $11.00 to $10.00. The current price Global Medical REIT (GMRE) is trading at is $9.85, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.