Physicians Realty Trust with ticker code (DOC) now have 15 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 21 and 14 with a mean TP of 16.57. Now with the previous closing price of 15.64 this now indicates there is a potential upside of 5.9%. The 50 day moving average now sits at 15.13 and the 200 day MA is 16.09. The market capitalisation for the company is $3,735m. Company Website: https://www.docreit.com
The potential market cap would be $3,957m 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.
