Healthpeak Properties (NASDAQ:PEAK) has been given an average broker rating score of 1.82 (Buy) from the eleven brokers that provide coverage for the stock, Zacks Investment Research reports. Four investment analysts have rated the stock with a hold rating, one has issued a buy rating and six have issued a strong buy rating on the company. Healthpeak Properties’ rating score has declined by 9% in the last 90 days as a result of various analysts’ upgrades and downgrades.
Analysts have set a 1 year consensus price target of $36.95 for the company and are anticipating that the company will post $0.43 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Healthpeak Properties an industry rank of 173 out of 255 based on the ratings given to related companies.
Separately, Mizuho started coverage on shares of Healthpeak Properties in a research note on Thursday, December 19th. They issued a “buy” rating and a $39.00 target price for the company.
PEAK stock traded down $0.03 during trading on Tuesday, reaching $37.00. The company had a trading volume of 2,814,873 shares, compared to its average volume of 3,096,773. Healthpeak Properties has a twelve month low of $28.86 and a twelve month high of $37.93.
Hedge funds have recently added to or reduced their stakes in the stock. New Mexico Educational Retirement Board acquired a new stake in Healthpeak Properties in the 3rd quarter worth approximately $1,314,000. CenturyLink Investment Management Co acquired a new stake in Healthpeak Properties in the 4th quarter worth approximately $1,033,000. State of Alaska Department of Revenue acquired a new stake in Healthpeak Properties in the 4th quarter worth approximately $13,244,000. Resource America Inc. acquired a new stake in Healthpeak Properties in the 4th quarter worth approximately $6,894,000. Finally, Weather Gauge Advisory LLC acquired a new stake in Healthpeak Properties in the 4th quarter worth approximately $241,000.
About Healthpeak Properties
Healthpeak Properties, Inc is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns and develops high-quality real estate in the three private-pay healthcare asset classes of Life Science, Senior Housing and Medical Office, designed to provide stability through the inevitable industry cycles.
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