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 16 and has a mean target at 18.93. With the stocks previous close at 17.24 this indicates there is a potential upside of 9.8%. The 50 day MA is 17.34 while the 200 day moving average is 17.75. The company has a market cap of $4,193m. You can visit the company’s website by visiting: https://www.docreit.com
The potential market cap would be $4,604m 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.