Physicians Realty Trust with ticker code (DOC) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 21 and 14.5 calculating the mean target price we have 18. With the stocks previous close at 15.2 this would imply there is a potential upside of 18.4%. The 50 day moving average now sits at 15.59 while the 200 day moving average is 17. The market capitalisation for the company is $3,588m. You can visit the company’s website by visiting: https://www.docreit.com
The potential market cap would be $4,249m 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.
