Physicians Realty Trust Given Average Rating of “Buy” by Analysts (NYSE:DOC)
Physicians Realty Trust (NYSE:DOC) has been given a consensus rating of “Buy” by the nine brokerages that are currently covering the company, Analyst Ratings Network.com reports. One research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $15.21.
Shares of Physicians Realty Trust (NYSE:DOC) traded down 1.05% on Tuesday, hitting $14.19. The stock had a trading volume of 15,767 shares. Physicians Realty Trust has a 52 week low of $11.00 and a 52 week high of $14.77. The stock has a 50-day moving average of $14.32 and a 200-day moving average of $13.59. The company’s market cap is $302.2 million.
DOC has been the subject of a number of recent research reports. Analysts at Oppenheimer raised their price target on shares of Physicians Realty Trust from $14.00 to $15.50 in a research note on Monday. They now have an “outperform” rating on the stock. Separately, analysts at MLV & Co
initiated coverage on shares of Physicians Realty Trust in a research note on Friday, June 27th. They set a “buy” rating and a $16.00 price target on the stock. Finally, 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.
Physicians Realty Trust is a real estate investment trust (NYSE:DOC).
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