Healthcare Realty Trust Incorporated (HR) stock is expected to deviate a maximum of $3.2 from the average target price of $34.67 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $38 and the most muted being $29.
Healthcare Realty Trust Incorporated (HR) : Zacks Investment Research ranks Healthcare Realty Trust Incorporated (HR) as 4, which is a Sell recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 3.05, which indicates as a Hold.
Also, BTIG Research initiates coverage on Healthcare Realty Trust Incorporated (NYSE:HR). The rating major has initiated the coverage with 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 $35.00 on Thursday but the bulls could not build on the opening and the stock topped out at $35.18 for the day. The stock traded down to $34.74 during the day, due to lack of any buying support eventually closed down at $34.98 with a loss of -0.23% for the day. The stock had closed at $35.06 on the previous day. The total traded volume was 531,582 shares.
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.