William Blair reiterated their outperform rating on shares of RMR Group Inc. (NASDAQ:RMR) in a research report report published on Tuesday morning.
Separately, JMP Securities began coverage on RMR Group in a research report on Wednesday, October 19th. They set a mkt perform rating for the company.
RMR Group (NASDAQ:RMR) opened at 42.25 on Tuesday. RMR Group has a 1-year low of $18.70 and a 1-year high of $44.85. The stock has a market capitalization of $679.46 million and a PE ratio of 18.16. The stock’s 50 day moving average price is $40.92 and its 200 day moving average price is $37.90.
RMR Group Company Profile
The RMR Group Inc, formerly Reit Management & Research Inc, is a holding company. The Company holds interests in and is the managing member of The RMR Group LLC (RMR LLC). The Company’s business primarily consists of providing management services to four real estate investment trusts (REITs), namely, Government Properties Income Trust (GOV), Hospitality Properties Trust (HPT), Select Income REIT (SIR) and Senior Housing Properties Trust, and three real estate operating companies, namely, Five Star Quality Care, Inc (Five Star), Sonesta International Hotels Corporation and TravelCenters of America LLC.