Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Healthcare Realty (NYSE: HR) and Federal Realty (NYSE: FRT).
Healthcare Realty (NYSE: HR)
BMO Capital analyst John Kim maintained a Hold rating on Healthcare Realty (NYSE: HR) today and set a price target of $31. The company’s shares closed yesterday at $27.75, close to its 52-week low of $26.27.
According to TipRanks.com, Kim is a 4-star analyst with an average return of 3.4% and a 54.1% success rate. Kim covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Franklin Street Properties, and National Health Investors.
Currently, the analyst consensus on Healthcare Realty is Hold and the average price target is $30, representing an 8.1% upside.
In a report issued on April 24, Stifel Nicolaus also downgraded the stock to Hold with a $28 price target.
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Federal Realty (NYSE: FRT)
In a report released today, Floris van Dijkum from Boenning & Scattergood reiterated a Buy rating on Federal Realty (NYSE: FRT), with a price target of $140. The company’s shares closed yesterday at $117.39.
van Dijkum said:
“We reiterate our Outperform rating on FRT shares and expect continued relative outperformance in the currently out-of-favor strip sector. Key Points: FFO Beat: FRT reported first quarter FFO of $1.55 per share, ahead of consensus and B&S. FFO grew by $0.10 compared to last year.”
According to TipRanks.com, Dijkum is a 3-star analyst with an average return of 2.4% and a 55.8% success rate. Dijkum covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate ate Investment, Retail Properties of America Inc, and General Growth Properties Inc.
Currently, the analyst consensus on Federal Realty is Moderate Buy and the average price target is $130.29, representing a 11.0% upside.
In a report issued on May 2, BMO Capital also maintained a Buy rating on the stock with a $142 price target.
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