The RMR Group (RMR) Receives a Hold from Oppenheimer

In a report released today, Owen Lau from Oppenheimer assigned a Hold rating to The RMR Group (RMRResearch Report). The company’s shares closed last Monday at $39.22.

According to TipRanks.com, Lau is a 4-star analyst with an average return of 15.7% and a 86.3% success rate. Lau covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Victory Capital Holdings, and Focus Financial Partners.

Currently, the analyst consensus on The RMR Group is a Moderate Buy with an average price target of $42.17.

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The RMR Group’s market cap is currently $658.8M and has a P/E ratio of 23.80. The company has a Price to Book ratio of 2.21.

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The RMR Group, Inc. is a holding company, which engages in the provision of management services to the managed equity real estate investment trusts and the managed operators. It operates through the RMR LLC and All Other Operations segments. The RMR LLC segment invests in real estate and manages real estate related businesses. The All Other Operations segment includes the operations of RMR Inc., RMR Advisors, and Tremont Advisors. The company was founded on May 28, 2015 and is headquartered in Newton, MA.