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Omega Healthcare (OHI) Receives a Buy from Berenberg Bank

Tipranks - Tipranks - Tue Feb 24, 12:36AM CST

In a report released on February 20, from Berenberg Bank maintained a Buy rating on Omega Healthcare, with a price target of $53.00. The company’s shares closed last Friday at $46.57.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Omega Healthcare with a $48.11 average price target, implying a 3.31% upside from current levels. In a report released on February 12, TipRanks – Google also reiterated a Buy rating on the stock with a $53.00 price target.

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Based on Omega Healthcare’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $321.82 million and a net profit of $164.72 million. In comparison, last year the company earned a revenue of $279.32 million and had a net profit of $113.34 million

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