The RMR Group Inc. with ticker code (RMR) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 46 and 28 with the average target price sitting at 35.71. Given that the stocks previous close was at 36.79 this now indicates there is a potential downside of -2.9%. The 50 day moving average now sits at 34.67 while the 200 day moving average is 30.58. The company has a market cap of $1,177m. You can visit the company’s website by visiting: http://www.rmrgroup.com
The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides business and property management services in the United States. It provides management services to its four publicly traded real estate investment trusts (REITs) and three real estate operating companies. As of September 30, 2020, it had approximately 2,100 properties in 47 states under management, which are primarily owned by the Managed Equity REITs. It also provides investment advisory services. The company was formerly known as REIT Management & Research Inc. and changed its name to The RMR Group Inc. in September 2015. The RMR Group Inc. was founded in 1986 and is headquartered in Newton, Massachusetts.
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