Physicians Realty Trust Gets a Buy Rating from BMO Capital

By Carrie Williams

In a report released today, John Kim from BMO Capital reiterated a Buy rating on Physicians Realty Trust (NYSE: DOC), with a price target of $18. The company’s shares opened today at $14.86, close to its 52-week low of $14.13.

According to TipRanks.com, Kim is a 4-star analyst with an average return of 3.3% and a 52.9% success rate. Kim covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Franklin Street Properties, and National Health Investors.

Physicians Realty Trust has an analyst consensus of Strong Buy, with a price target consensus of $17.56.

Physicians Realty Trust’s market cap is currently $2.69B and has a P/E ratio of 67.41. The company has a book value ratio of 1.0880.

Based on the recent corporate insider activity of 36 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 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.