Physicians Realty Trust found using ticker (DOC) have now 15 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 21 and 17.5 with the average target price sitting at 19.43. With the stocks previous close at 17.94 this indicates there is a potential upside of 8.3%. There is a 50 day moving average of 17.79 and the 200 day moving average is 17.99. The market capitalisation for the company is $3,990m. Company Website: https://www.docreit.com
The potential market cap would be $4,321m 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.
