trending Market Intelligence /marketintelligence/en/news-insights/trending/IEIq_FkNWA3fS0buwlCxBA2 content esgSubNav
In This List

Compass Pt Rch & Trading LLC upgrades Global Medical REIT to 'buy'

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Real Estate News & Analysis: May Edition


Compass Pt Rch & Trading LLC upgrades Global Medical REIT to 'buy'

Compass Point Research & Trading LLC analystSteve Shawupgraded his investment opinion of Global Medical REIT Inc. to "buy" from"neutral," and increased his price target to $9.25 from $9.

The analyst wrote in a research report: "We upgrade ourrating on shares of GMRE … following the company's 4Q16 results and acquisitionupdate. GMRE was slower to deploy capital out of the gate as a public company,but investment activity is picking up steam. Management expects to closeapproximately $109M of volume in 1H17 while we were previously estimating $80Mof acquisitions. We also now look for $50M of acquisitions in the second halfof the year. The stock is currently trading at a 11% discount to our 2017E NAV,while healthcare peers trade at a 5% premium."