Brokerage Firm Rating Update on Healthcare Realty Trust Incorporated (HR)

Healthcare Realty Trust Incorporated (HR) has an average broker rating of 3.05, which is interpreted as a Hold, as rated by 10 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Healthcare Realty Trust Incorporated (HR) : The consensus price target for Healthcare Realty Trust Incorporated (HR) is $34.67 for the short term with a standard deviation of $3.2. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $38, however, the pessimist price target for the company is $29.


Company shares have received an average consensus rating of Hold for the current week Also, BTIG Research initiates coverage on Healthcare Realty Trust Incorporated (NYSE:HR). BTIG Research has a Neutral rating on the shares. The rating by the firm was issued on August 25, 2016.

Healthcare Realty Trust Incorporated (NYSE:HR): The stock opened at $35.9 and touched an intraday high of $36.03 on Wednesday. During the day, the stock corrected to an intraday low of $35.74, however, the bulls stepped in and pushed the price higher to close in the green at $36.02 with a gain of 0.47% for the day. The total traded volume for the day was 827,656. The stock had closed at $35.85 in the previous trading session.

Healthcare Realty Trust Incorporated (Healthcare Realty) is a self-managed and self-administered real estate investment trust. The Company owns, manages, finances and develops income-producing real estate properties associated with the delivery of outpatient healthcare services throughout the United States. The Company provides property management services to approximately 9 million square feet across the nation. The Company has investments of approximately $3 billion in over 199 real estate properties, mortgages, land held for development and corporate property. The Companys 198 owned real estate properties are located in 30 states and total approximately 14.2 million square feet. The Companys real estate portfolio is leased to a tenant base and has approximately 144 leases with this tenant in 22 buildings throughout north and central Texas, including buildings at eight different hospital campuses.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.