JP Morgan Maintains Neutral Rating for Healthcare Realty Trust: Here's What You Need To Know

JP Morgan has decided to maintain its Neutral rating of Healthcare Realty Trust HR and lower its price target from $28.00 to $22.00.

Shares of Healthcare Realty Trust are trading down 0.67% over the last 24 hours, at $20.16 per share.

A move to $22.00 would account for a 9.1% increase from the current share price.

About Healthcare Realty Trust

Healthcare Realty Trust Inc is a healthcare facility real estate investment trust. The company focuses on owning, leasing, and managing outpatient facilities and other healthcare properties. The company considers merger and acquisition investment as a component of its operational growth strategy. It works with developers that have strong ties to a local health system and physicians. The company works to invest in outpatient facilities that are integral to a hospital's operations. It generates all of its revenue in the United States.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.