04:59:24 EST Wed 05 Feb 2025
Enter Symbol
or Name
USA
CA



Northwest Healthcare Properties Real Estate Investment Trust
Symbol NWH
Shares Issued 246,300,553
Close 2024-08-15 C$ 4.82
Market Cap C$ 1,187,168,665
Recent Sedar Documents

Globe says Northwest Healthcare maintained at "neutral"

2024-08-16 09:06 ET - In the News

The Globe and Mail reports in its Friday, Aug. 16, edition that CIBC World Markets analyst Dean Wilkinson is sticking with his "neutral" recommendation for Northwest Healthcare Properties REIT. The Globe's David Leeder writes that Mr. Wilkinson trimmed his unit target to $5.50 from $5.75. Analysts on average target the units at $5.71. Mr. Wilkinson says in a note: "Northwest Healthcare Properties reported a slight Q2/24 miss, falling two cents short of consensus. SP-NOI grew 4 per cent driven by inflation adjusted rent, 'rentalised capital' spend and improved recoveries. The REIT continues to make significant headway in its non-core asset disposition program; announcing the conclusion of its strategic review and the long-awaited sale of the U.K. portfolio." The Globe reported on Aug. 15, 2023, that Mr. Wilkinson had lowered his recommendation for Northwest Healthcare to "neutral" from "outperformer," with a $9 unit target, down from $11. In the item he said, "There are perhaps too many unpredictable outcomes on which we cannot, with certainty, provide commentary." The units were then worth $6.70. The Globe reported on May 17, 2024, that National Bank rated Northwest "sector perform." It was then worth $5.27.

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