Wells Fargo Sticks to Its Hold Rating for Healthcare Realty Trust (HR)

In a report released today, John Kilichowski from Wells Fargo maintained a Hold rating on Healthcare Realty Trust, with a price target of $19.00.

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Kilichowski covers the Real Estate sector, focusing on stocks such as Welltower, EPR Properties, and Four Corners Property. According to TipRanks, Kilichowski has an average return of 2.0% and a 41.82% success rate on recommended stocks.

Currently, the analyst consensus on Healthcare Realty Trust is a Hold with an average price target of $19.50.

Based on Healthcare Realty Trust’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $297.77 million and a GAAP net loss of $57.74 million. In comparison, last year the company earned a revenue of $315.42 million and had a GAAP net loss of $93.02 million

Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HR in relation to earlier this year.