Physicians Realty Trust with ticker code (DOC) now have 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 16.5 with the average target price sitting at 19. With the stocks previous close at 14.81 this would imply there is a potential upside of 28.3%. The 50 day MA is 16.87 and the 200 day MA is 17.41. The company has a market cap of $3,540m. Company Website: https://www.docreit.com
The potential market cap would be $4,542m 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.
