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Investment analysts at MLV & Co
began coverage on shares of Physicians Realty Trust (NYSE:DOC) in a note issued to investors on Friday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $16.00 price target on the stock. MLV & Co
‘s price target suggests a potential upside of 12.36% from the company’s current price.

Physicians Realty Trust (NYSE:DOC) traded up 0.91% during mid-day trading on Friday, hitting $14.37. The stock had a trading volume of 195,468 shares. Physicians Realty Trust has a 1-year low of $11.00 and a 1-year high of $14.63. The stock has a 50-day moving average of $13.69 and a 200-day moving average of $13.18. The company’s market cap is $306.1 million.

Physicians Realty Trust (NYSE:DOC) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.12 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.17 by $0.05. On average, analysts predict that Physicians Realty Trust will post $0.89 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, August 1st. Shareholders of record on Friday, July 18th will be paid a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 6.32%.

DOC has been the subject of a number of other recent research reports. Analysts at Bank of America initiated coverage on shares of Physicians Realty Trust in a research note on Monday, June 2nd. They set a “buy” rating and a $14.25 price target on the stock. Analysts at Wunderlich raised their price target on shares of Physicians Realty Trust from $14.75 to $15.50 in a research note on Wednesday, May 21st. They now have a “buy” rating on the stock. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $15.19.

Physicians Realty Trust is a real estate investment trust (NYSE:DOC).

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