Recent M&A highlights what an excellent opportunity Target Healthcare shares represent
Target Healthcare (THRL) 92.8pMarket cap: £575.6 millionThe £448 million recommended cash offer for care home landlord Care REIT (CRT) has shone a light on the value in this sector. We think this makes a compelling case for Care REIT's main lookalike Target Healthcare REIT (THRL).While the Care REIT deal has been struck at a 10% discount to net asset value (NAV), Target has a higher-quality...