Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

RBC Capital Sticks to Its Hold Rating for Healthcare Realty Trust (HR)

Tipranks - Fri Feb 20, 6:29AM CST

In a report released yesterday, Michael Carroll from RBC Capital maintained a Hold rating on Healthcare Realty Trust, with a price target of $19.00. The company’s shares closed yesterday at $18.03.

President's Day Sale - 70% Off

Carroll covers the Real Estate sector, focusing on stocks such as Alexandria Equities, Stag Industrial, and Welltower. According to TipRanks, Carroll has an average return of 7.5% and a 61.48% success rate on recommended stocks.

Healthcare Realty Trust has an analyst consensus of Moderate Buy, with a price target consensus of $19.57, implying an 8.54% upside from current levels. In a report released on February 15, TipRanks – xAI also reiterated a Hold rating on the stock with a $18.00 price target.

Based on Healthcare Realty Trust’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $243.81 million and a net profit of $14.39 million. In comparison, last year the company earned a revenue of $290.61 million and had a GAAP net loss of $106.85 million

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.