HCP (NYSE:HCP)‘s stock had its “hold” rating reiterated by research analysts at Jefferies Group in a research note issued on Tuesday. They currently have a $26.00 price objective on the real estate investment trust’s stock. Jefferies Group’s price target points to a potential upside of 14.04% from the stock’s previous close.
Other analysts have also issued research reports about the stock. BMO Capital Markets set a $25.00 price target on shares of HCP and gave the company a “hold” rating in a research note on Tuesday. ValuEngine downgraded shares of HCP from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. JPMorgan Chase & Co. raised shares of HCP from a “neutral” rating to an “overweight” rating and set a $29.00 price objective on the stock in a report on Friday, December 15th. Zacks Investment Research raised shares of HCP from a “sell” rating to a “hold” rating in a report on Thursday, November 9th. Finally, Mizuho raised shares of HCP from a “neutral” rating to a “buy” rating and set a $32.00 price objective on the stock in a report on Thursday, November 2nd. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $29.64.
Shares of HCP (HCP) traded down $0.05 during mid-day trading on Tuesday, reaching $22.80. 6,086,723 shares of the company’s stock were exchanged, compared to its average volume of 4,598,699. The company has a market cap of $10,888.01, a price-to-earnings ratio of 20.54, a PEG ratio of 4.20 and a beta of 0.27. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 1.17. HCP has a fifty-two week low of $21.98 and a fifty-two week high of $33.67.
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HCP Company Profile
HCP, Inc is a self-administered real estate investment trust. The Company invests in real estate serving the healthcare industry in the United States. The Company’s segments include senior housing triple-net (SH NNN), senior housing operating portfolio (SHOP), life science and medical office. Its senior housing facilities include independent living facilities, assisted living facilities, memory care facilities, care homes, and continuing care retirement communities.
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