04:49:10 EST Wed 05 Feb 2025
Enter Symbol
or Name
USA
CA



Northwest Healthcare Properties Real Estate Investment Trust
Symbol NWH
Shares Issued 246,984,050
Close 2024-10-11 C$ 5.23
Market Cap C$ 1,291,726,582
Recent Sedar Documents

Globe says Northwest maintained at "market perform"

2024-10-11 08:48 ET - In the News

The Globe and Mail reports in its Friday, Oct. 11, edition that BMO Capital Markets analyst Michael Markidis continues to rate Northwest Healthcare Properties REIT "market perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Markidis gave his unit target a 50-cent boost to $5.50. Analysts on average target the units at $5.88. Mr. Markidis says in a note: "[Chief executive officer] Craig Mitchell has been a stabilizing presence during a difficult period for Northwest Healthcare Properties REIT investors, in our view. While we were surprised by the timing of his decision to retire, we take comfort in the nine-month period that has been provided to the board to effect this CEO transition. Reflecting more recent improvements that have been made to the REIT's capital structure." The Globe reported on June 27, 2023, that Mr. Markidis had reaffirmed his "market perform" recommendation for Northwest when it could be had for $6.10. The Globe reported on Sept. 5, 2024, that National Bank Financial analyst Giuliano Thornhill had reiterated his "sector perform" recommendation for Northwest. The units could then be had for $5.06.

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