Physicians Realty Trust found using ticker (DOC) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 23 and 19 with the average target price sitting at 20.07. Now with the previous closing price of 17.29 this would indicate that there is a potential upside of 16.1%. The 50 day moving average now sits at 18.13 and the 200 moving average now moves to 18.41. The market capitalisation for the company is $3,880m. You can visit the company’s website by visiting: https://www.docreit.com
The potential market cap would be $4,503m 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 Âoperating partnershipÂ), 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.
