Jefferies Reiterates Their Hold Rating on Healthcare Realty


In a report released yesterday, Omotayo Okusanya from Jefferies reiterated a Hold rating on Healthcare Realty (NYSE: HR), with a price target of $29. The company’s shares closed yesterday at $28.66.

According to TipRanks.com, Okusanya is a 4-star analyst with an average return of 7.5% and a 60.8% success rate. Okusanya covers the Financial sector, focusing on stocks such as Easterly Government Properties, DCT Industrial Trust Inc, and Office Properties Trust.

Currently, the analyst consensus on Healthcare Realty is a Moderate Buy with an average price target of $30.50.

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Based on Healthcare Realty’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $8.6 million. In comparison, last year the company had a net profit of $25.22 million.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock.

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Healthcare Realty Trust, Inc a real estate investment trust that owns, leases, manages, acquires, finances, develops and redevelops income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States of America.

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