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Analysts Offer Insights on Real Estate Companies: Healthpeak Properties (DOC) and Parkway Life Real Estate Investment (OtherPRKWF)

Tipranks - Thu Feb 5, 2:58AM CST

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Healthpeak Properties (DOCResearch Report) and Parkway Life Real Estate Investment (PRKWFResearch Report) with bullish sentiments.

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Healthpeak Properties (DOC)

Morgan Stanley analyst Ronald Kamdem maintained a Buy rating on Healthpeak Properties yesterday and set a price target of $21.00. The company’s shares closed last Tuesday at $16.45.

According to TipRanks.com, Kamdem is a 4-star analyst with an average return of 9.3% and a 59.7% success rate. Kamdem covers the NA sector, focusing on stocks such as American Healthcare REIT, Inc., National Storage Affiliates, and Hudson Pacific Properties. ;'>

Healthpeak Properties has an analyst consensus of Moderate Buy, with a price target consensus of $19.25, a 16.7% upside from current levels. In a report released yesterday, Evercore ISI also maintained a Buy rating on the stock with a $22.00 price target.

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Parkway Life Real Estate Investment (PRKWF)

CGS International analyst Lock Mun Yee reiterated a Buy rating on Parkway Life Real Estate Investment today and set a price target of S$4.97. The company’s shares closed last Monday at $3.13.

According to TipRanks.com, Yee is a 3-star analyst with an average return of 5.0% and a 51.4% success rate. Yee covers the NA sector, focusing on stocks such as Suntec Real Estate Investment, Mapletree Industrial, and Mapletree Logistics. ;'>

Currently, the analyst consensus on Parkway Life Real Estate Investment is a Strong Buy with an average price target of $3.90, a 24.8% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a S$4.50 price target.

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