Physicians Realty Trust with ticker code (DOC) have now 14 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 21 and 18 with the average target price sitting at 19.5. Given that the stocks previous close was at 18.49 this would imply there is a potential upside of 5.5%. The day 50 moving average is 17.66 and the 200 day moving average is 18.01. The company has a market capitalisation of $4,405m. Company Website: https://www.docreit.com
The potential market cap would be $4,646m 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.
