Healthcare Trust of America (HTA) : The highest level Healthcare Trust of America (HTA) is projected to reach is $39 for the short term and the lowest estimate is at $28. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $34.67 and the possibility the share price can swing is $4.27.
Healthcare Trust of America (HTA) : The consensus on Healthcare Trust of America (HTA) based on 8 analyst recommendation on the company stock is 1.75, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Also, BTIG Research initiates coverage on Healthcare Trust of America (NYSE:HTA).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, BTIG Research announces the price target of $37 per share. The rating by the firm was issued on August 25, 2016.
Healthcare Trust of America (NYSE:HTA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.79 and $33.40 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $33.84. The buying momentum continued till the end and the stock did not give up its gains. It closed at $33.77, notching a gain of 0.09% for the day. The total traded volume was 1,240,101 . The stock had closed at $33.74 on the previous day.
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.