5 Cheap REITs with Huge Upside

In this article, we discuss 5 cheap REITs with huge upside. If you want to see more stocks in this selection, check out 10 Cheap REITs with Huge Upside. 

5. Medical Properties Trust, Inc. (NYSE:MPW)

Number of Hedge Fund Holders: 28

Average Upside Potential Based on Analyst Ratings: 60.45% 

Average Analyst Price Target: $12.75

Medical Properties Trust, Inc. (NYSE:MPW) is a real estate investment trust that is self-managed and was established in 2003. Its main objective is to purchase and construct net-leased hospital facilities. Medical Properties Trust, Inc. (NYSE:MPW)’s financing strategy assists with acquisitions and recapitalizations and enables hospital operators to access the value of their real estate properties to finance improvements in facilities, technology upgrades, and other operational investments. It is one of the best cheap REITs stocks to watch. 

According to Truist analyst Michael Lewis, the future of Medical Properties Trust, Inc. (NYSE:MPW) is uncertain, which led him to revise the company’s price target from $14 to $8 and maintain a Hold rating on its shares on March 29. The analyst’s cautious outlook on the real estate investment trust is based on factors such as potential rent reductions, new investments, cost of capital, de-levering activity, and a possible dividend cut. 

According to Insider Monkey’s fourth quarter database, 28 hedge funds were bullish on Medical Properties Trust, Inc. (NYSE:MPW), compared to 23 funds in the earlier quarter. Dmitry Balyasny’s Balyasny Asset Management is the largest stakeholder of the company, with 7.5 million shares worth $84.3 million.