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 | $10.54 | 68.06% |
| 2021-12-08 | 5 | $20 | $15 | $17.583 | $10.54 | 66.82% |
| 2022-02-28 | 6 | $20 | $15 | $17.833 | $10.54 | 69.19% |
| 2022-03-02 | 6 | $20 | $15 | $17.714 | $10.54 | 68.06% |
| 2022-04-13 | 6 | $20 | $16 | $18.4 | $10.54 | 74.57% |
| 2022-05-05 | 5 | $20 | $18 | $18.75 | $10.54 | 77.89% |
| 2022-05-10 | 5 | $20 | $16 | $18.25 | $10.54 | 73.15% |
| 2022-05-20 | 5 | $19 | $16 | $17.5 | $10.54 | 66.03% |
| 2022-06-24 | 6 | $19 | $15 | $17 | $10.54 | 61.29% |
| 2022-08-03 | 6 | $18 | $15 | $16.75 | $10.54 | 58.92% |
| 2022-08-11 | 6 | $18 | $15 | $16 | $10.54 | 51.8% |
| 2022-10-06 | 8 | $18 | $9 | $13.8 | $10.54 | 30.93% |
| 2022-10-10 | 8 | $18 | $9 | $13 | $10.54 | 23.34% |
| 2022-10-14 | 8 | $18 | $9 | $12.916 | $10.54 | 22.54% |
| 2022-11-03 | 8 | $16 | $9 | $12.416 | $10.54 | 17.8% |
| 2022-11-10 | 8 | $15 | $9 | $11.416 | $10.54 | 8.31% |
| 2023-02-28 | 7 | $14 | $9 | $11.416 | $10.54 | 8.31% |
| 2023-03-06 | 7 | $13 | $9 | $11.083 | $10.54 | 5.15% |
| 2023-05-03 | 7 | $12 | $9 | $10.333 | $10.54 | -1.96% |
| 2023-05-08 | 6 | $11 | $9 | $10.166 | $10.54 | -3.55% |
| 2023-08-02 | 6 | $11 | $9 | $10.25 | $10.54 | -2.75% |
| 2023-08-09 | 6 | $12.5 | $9 | $10.571 | $10.54 | 0.29% |
| 2023-08-14 | 6 | $12.5 | $9 | $10.714 | $10.54 | 1.65% |
| 2023-11-06 | 7 | $12.5 | $10 | $11.142 | $10.54 | 5.71% |
| 2023-11-10 | 7 | $12.5 | $10 | $11.166 | $10.54 | 5.94% |
| 2023-11-15 | 7 | $11.5 | $10 | $10.958 | $10.54 | 3.97% |
The Trend in the Analyst Price Target
GMRE's average price target has moved down $7.79 over the prior 19 months.
Over the past 37 weeks, GMRE's average upside potential has been 13.21%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-28 | 7 | 14.0 | 9 | 11.416 | 10.06 | 13.48% |
| 2023-08-02 | 6 | 11.0 | 9 | 10.250 | 9.66 | 6.11% |
| 2023-08-04 | 6 | 12.5 | 9 | 10.571 | 10.30 | 2.63% |
| 2023-08-14 | 7 | 12.5 | 9 | 10.714 | 9.75 | 9.89% |
| 2023-11-06 | 7 | 12.5 | 10 | 11.142 | 9.20 | 21.11% |
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
Over the past 21 months, GMRE's average broker recommendation rating worsened by 0.5.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In the context of all US stocks, GLOBAL MEDICAL REIT INC's average analyst price target is greater than 590.56% of them.
- In the context of Real Estate stocks, GLOBAL MEDICAL REIT INC's upside potential (average analyst target price relative to current price) is higher than 1722.22% of them.
- In the context of stocks in the small market cap category, GLOBAL MEDICAL REIT INC's number of analysts covering the stock is higher than 2624.69% of them.
- In terms of how GLOBAL MEDICAL REIT INC fares relative to Trading stocks, note that its variance in analysts' estimates is lower than -1452.81% of that group.
In terms of price targets and recommendations offered by analysts, the stocks in the Trading industry with the ratings most similar to GLOBAL MEDICAL REIT INC are CHCT, CIO, and FPI.
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