Global Medical REIT Inc. (GMRE) Social Stream
GLOBAL MEDICAL REIT INC (GMRE) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering GMRE.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-08 | 6 | $20 | $15 | $17.714 | $10.74 | 64.93% |
| 2021-12-08 | 6 | $20 | $15 | $17.785 | $10.74 | 65.6% |
| 2022-02-28 | 6 | $20 | $15 | $17.583 | $10.74 | 63.72% |
| 2022-03-02 | 6 | $20 | $16 | $18.166 | $10.74 | 69.14% |
| 2022-04-13 | 5 | $20 | $18 | $19 | $10.74 | 76.91% |
| 2022-05-05 | 5 | $20 | $18 | $18.75 | $10.74 | 74.58% |
| 2022-05-10 | 5 | $20 | $16 | $18.25 | $10.74 | 69.93% |
| 2022-05-20 | 5 | $19 | $16 | $17.5 | $10.74 | 62.94% |
| 2022-06-24 | 6 | $19 | $15 | $17 | $10.74 | 58.29% |
| 2022-08-03 | 6 | $18 | $15 | $16.75 | $10.74 | 55.96% |
| 2022-08-11 | 6 | $18 | $15 | $16 | $10.74 | 48.98% |
| 2022-10-06 | 8 | $18 | $9 | $13.8 | $10.74 | 28.49% |
| 2022-10-10 | 8 | $18 | $9 | $13 | $10.74 | 21.04% |
| 2022-10-14 | 8 | $18 | $9 | $12.916 | $10.74 | 20.26% |
| 2022-11-03 | 8 | $16 | $9 | $12.416 | $10.74 | 15.61% |
| 2022-11-10 | 7 | $15 | $9 | $11.416 | $10.74 | 6.29% |
| 2023-02-28 | 7 | $14 | $9 | $11.416 | $10.74 | 6.29% |
| 2023-03-06 | 7 | $13 | $9 | $11.083 | $10.74 | 3.19% |
| 2023-05-03 | 7 | $12 | $9 | $10.333 | $10.74 | -3.79% |
| 2023-05-08 | 7 | $11 | $9 | $10.166 | $10.74 | -5.34% |
| 2023-08-02 | 6 | $11 | $9 | $10.25 | $10.74 | -4.56% |
| 2023-08-09 | 6 | $12.5 | $9 | $10.571 | $10.74 | -1.57% |
| 2023-08-14 | 7 | $12.5 | $9 | $10.714 | $10.74 | -0.24% |
| 2023-11-06 | 7 | $12.5 | $10 | $11.142 | $10.74 | 3.74% |
| 2023-11-10 | 7 | $12.5 | $10 | $11.166 | $10.74 | 3.97% |
| 2023-11-15 | 7 | $11.5 | $10 | $10.958 | $10.74 | 2.03% |
The Trend in the Analyst Price Target
Over the past 18 months, GMRE's average price target has gone down $6.54.
Over the past 37 weeks, GMRE's average upside potential has been 13.16%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-05-08 | 6 | 11.0 | 9 | 10.166 | 8.88 | 14.48% |
| 2023-08-09 | 6 | 12.5 | 9 | 10.571 | 9.91 | 6.67% |
| 2023-08-14 | 6 | 12.5 | 9 | 11.000 | 9.75 | 12.82% |
| 2023-11-10 | 7 | 12.5 | 10 | 11.166 | 9.25 | 20.71% |
| 2023-11-15 | 7 | 11.5 | 10 | 10.958 | 9.77 | 12.16% |
GMRE Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2 | 3 | 1 | 3 | 0 | 0 | 7 |
The Trend in the Broker Recommendations
GMRE's average broker recommendation rating worsened by 0.57 over the prior 45 months.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In terms of how GLOBAL MEDICAL REIT INC fares relative to all US stocks, note that its average analyst price target is higher than 601.65% of that group.
- GMRE has a higher upside potential (average analyst target price relative to current price) than 1858.27% of Real Estate stocks.
- GLOBAL MEDICAL REIT INC's number of analysts covering the stock is greater than 2705.88% of stocks in the small market cap category.
- In terms of how GLOBAL MEDICAL REIT INC fares relative to Trading stocks, note that its variance in analysts' estimates is lower than -1462.28% of that group.
In the Trading industry, CHCT, CIO, and FPI are the three stocks most similar to GLOBAL MEDICAL REIT INC regarding the price target and analyst recommendation information presented here.
View All Top Stocks by Price Target
What is the outlook for GMRE? Use POWR Ratings for clearer insight into price direction.