Physicians Realty Trust with ticker code (DOC) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 21 and 14.5 with the average target price sitting at 17.73. Now with the previous closing price of 14.38 this would indicate that there is a potential upside of 23.3%. The day 50 moving average is 15.31 while the 200 day moving average is 16.91. The company has a market capitalisation of $3,432m. Visit the company website at: https://www.docreit.com
The potential market cap would be $4,232m 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.
