Physicians Realty Trust with ticker code (DOC) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 21 and 17.5 with a mean TP of 19.43. Now with the previous closing price of 16.96 this now indicates there is a potential upside of 14.6%. The day 50 moving average is 17.71 and the 200 day MA is 17.96. The company has a market capitalisation of $4,028m. You can visit the company’s website by visiting: https://www.docreit.com
The potential market cap would be $4,614m based on the market concensus.
Physicians Realty Trust is a self-managed healthcare real estate company organized to acquire, selectively develop, own and manage healthcare properties that are leased to physicians, hospitals and healthcare delivery systems. The Company invests in real estate that is integral to providing high quality healthcare. The Company conducts its business through an UPREIT structure in which its properties are owned by Physicians Realty L.P., a Delaware limited partnership (the operating partnership), directly or through limited partnerships, limited liability companies or other subsidiaries. The Company is the sole general partner of the operating partnership and, as of September 30, 2020, owned approximately 97.4% of OP Units.
