Physicians Realty Trust with ticker code (DOC) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 23 and 18 calculating the average target price we see 19.86. With the stocks previous close at 16.94 this is indicating there is a potential upside of 17.2%. The day 50 moving average is 18.03 and the 200 moving average now moves to 18.38. The market cap for the company is $3,750m. Find out more information at: https://www.docreit.com
The potential market cap would be $4,397m 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.