Healthcare Trust of America (HTA) : 5 brokerage houses believe that Healthcare Trust of America (HTA) is a Strong Buy at current levels. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Healthcare Trust of America (HTA). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 8 Wall Street Analysts endorse the stock as a Buy with a rating of 1.75.
Healthcare Trust of America (HTA) : 6 investment research analysts covering Healthcare Trust of America (HTA) have an average price target of $34.67 for the near short term. The highest target price given by the Brokerage Firm to the stock is $39 and the lowest target is $28 for the short term. Analysts expect the variance to be within $4.27 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Also, BTIG Research initiates coverage on Healthcare Trust of America (NYSE:HTA). In the latest research report, BTIG Research announces the target price to $37 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on August 25, 2016.
Healthcare Trust of America (NYSE:HTA): The stock opened at $34.38 and touched an intraday high of $34.64 on Wednesday. During the day, the stock corrected to an intraday low of $34.26, however, the bulls stepped in and pushed the price higher to close in the green at $34.64 with a gain of 0.73% for the day. The total traded volume for the day was 525,923. The stock had closed at $34.39 in the previous trading session.
Healthcare Trust of America, Inc. (HTA) operates as a real estate investment trust (REIT). HTA does not conduct business itself, other than acting as the sole general partner of Healthcare Trust of America Holdings, LP (HTALP). As of December 31, 2014, HTA owned a 98.5% partnership interest in HTALP. HTA owns and operates medical office buildings (MOBs) in the United States and is focused on building and maintaining a portfolio comprised of MOBs that offer healthcare services. As of December 31, 2014, HTALPs portfolio consisted of approximately 14.8 million square feet of gross leasable area (GLA), with a leased rate of 92.0%. As of December 31, 2014, 96% of HTALPs portfolio based on GLA, are primarily located on the campuses of, or aligned with, nationally and regionally recognized healthcare systems in the United States. These include health systems, such as Hospital Corporation of America, Highmark, Greenville Hospital System, and Indiana University Health, among others.