Cantor Fitzgerald Reaffirms Their Buy Rating on Physicians Realty Trust

By Ryan Adsit

Cantor Fitzgerald analyst Joseph France reiterated a Buy rating on Physicians Realty Trust (NYSE: DOC) today and set a price target of $23. The company’s shares closed yesterday at $19.79.

France observed:

“DOC announced another large group of acquisitions (many of them close today), but also disclosed a non-performing lease involving a large hospital complex in Kennewick, Washington.”

According to TipRanks.com, France is a 5-star analyst with an average return of 18.3% and a 67.5% success rate. France covers the Services sector, focusing on stocks such as Cross Country Healthcare, Five Star Quality Care, and WellCare Health Plans.

Physicians Realty Trust has an analyst consensus of Strong Buy, with a price target consensus of $21.80.

Physicians Realty Trust’s market cap is currently $3.04B and has a P/E ratio of 89.95. The company has a book value ratio of 1.5032.

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Physicians Realty Trust operates as a real estate investment trust, which leases and manages healthcare properties. It is a self-managed healthcare real estate company organized to acquire, selectively develop, own and manage healthcare properties which are leased to physicians, hospitals, and healthcare delivery systems.