RBC Capital analyst Michael Carroll maintained a Hold rating on Physicians Realty (DOC – Research Report) on December 21 and set a price target of $16.00. The company’s shares closed yesterday at $14.60.
Carroll covers the Financial sector, focusing on stocks such as Alexandria Equities, Welltower, and Prologis. According to TipRanks, Carroll has an average return of 7.6% and a 60.00% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Physicians Realty with a $16.08 average price target.
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Based on Physicians Realty’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $131.51 million and a net profit of $62.96 million. In comparison, last year the company earned a revenue of $115.31 million and had a net profit of $21.36 million
Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DOC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Physicians Realty Trust is a real estate investment trust, which engages in the acquisition, development, owning, and managing of healthcare properties. It offers leases to physicians, hospitals, and healthcare delivery systems. The firm’s principal investments include medical office buildings; outpatient treatment facilities; acute and post-acute care hospitals; as well as other real estate integral to healthcare providers. The company was founded by John W. Sweet, Jr. on April 9, 2013 and is headquartered in Milwaukee, WI.
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