Global Medical REIT (GMRE)
(Delayed Data from NYSE)
$10.14 USD
-0.01 (-0.10%)
Updated Sep 18, 2024 04:00 PM ET
2-Buy of 5 2
B Value D Growth D Momentum D VGM
Global Medical REIT (GMRE) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$10.29 | $11.25 | $9.50 | 1.48% |
Price Target
Based on short-term price targets offered by six analysts, the average price target for Global Medical REIT comes to $10.29. The forecasts range from a low of $9.50 to a high of $11.25. The average price target represents an increase of 1.48% from the last closing price of $10.14.
Analyst Price Targets (6 )
Broker Rating
Global Medical REIT currently has an average brokerage recommendation (ABR) of 2.29 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by seven brokerage firms. The current ABR compares to an ABR of 2.29 a month ago based on seven recommendations.
Of the seven recommendations deriving the current ABR, two are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 28.57% and 14.29% of all recommendations. A month ago, Strong Buy made up 28.57%, while Buy represented 14.29%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 4 | 4 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.29 | 2.29 | 2.29 | 2.29 | 2.29 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/4/2024 | JMP Securities | Aaron Hecht | Hold | Hold |
8/13/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/12/2024 | B. Riley Securities | Bryan A Maher | Strong Buy | Strong Buy |
6/7/2024 | Robert W. Baird & Co. | Wesley Golladay | Hold | Hold |
5/20/2024 | BMO Capital Markets | Juan Sanabria | Hold | Hold |
5/9/2024 | Colliers Securities | Barry Oxford | Moderate Buy | Moderate Buy |
3/15/2024 | KeyBanc Capital Markets | Austin Wurschmidt | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.29 |
ABR (Last week) | 2.29 |
# of Recs in ABR | 7 |
Average Target Price | $10.29 |
LT Growth Rate | 8.00% |
Industry | REIT and Equity Trust - Other |
Industry Rank by ABR | 89 of 253 |
Current Quarter EPS Est: | 0.23 |
GMRE FAQs
Global Medical REIT Inc. (GMRE) currently has an average brokerage recommendation (ABR) of 2.29 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 7 brokerage firms.
The average price target for Global Medical REIT Inc. (GMRE) is $10.29. The current on short-term price targets is based on 2 reports.
The forecasts for Global Medical REIT Inc. (GMRE) range from a low of $9.5 to a high of $11.25. The average price target represents a increase of $1.48 from the last closing price of $10.14.
The current UPSIDE for Global Medical REIT Inc. (GMRE) is 1.48%
Based on short-term price targets offered by six analysts, the average price target for Global Medical REIT comes to $10.29. The forecasts range from a low of $9.50 to a high of $11.25. The average price target represents an increase of 1.48% from the last closing price of $10.14.