How Morgan Stanley Currently Rates Healthcare Trust of America (NYSE:HTA)
Equities researchers at Morgan Stanley initiated coverage on Healthcare Trust of America (NYSE:HTA) with “Equal-Weight” rating. This was revealed to clients and investors in an analyst research report on 9 December.
From a total of 6 analysts covering Healthcare Trust of America (NYSE:HTA) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 5 a ”Hold”. This means that 38% of the ratings are positive. The highest target price is $29 while the lowest target price is $25. The mean of all analyst targets is $27 with a 2.66% above today’s ($26.3) stock price. Healthcare Trust of America was the topic of 4 analyst reports since August 26, 2015 according to the firm StockzIntelligence Inc. TheStreet upgraded shares on October 16 to “Buy” rating.
Approximately 136,929 shares of stock traded hands. Healthcare Trust Of America Inc (NYSE:HTA) has risen 5.04% since May 6, 2015 and is uptrending. It has outperformed by 5.83% the S&P500.
Healthcare Trust of America, Inc. operates as a real estate investment trust (REIT). The company has a market cap of $3.34 billion. HTA does not conduct business itself, other than acting as the sole general partner of Healthcare Trust of America Holdings, LP (HTALP). It has 75.84 P/E ratio. As of December 31, 2014, HTA owned a 98.5% partnership interest in HTALP.
According to Zacks Investment Research, “Healthcare Trust of America, Inc. is a self-administered real estate investment trust. The Company primarily focuses on medical office buildings, healthcare-related facilities and quality commercial office properties. It also invests to a limited extent in other real estate-related assets. Its portfolio is positioned in metropolitan markets such as Atlanta, GA, Phoenix, AZ, Indianapolis, IN, Greenville, SC, Pittsburgh, PA, Albany, NY, Boston, MA and both Dallas and Houston, TX. Healthcare Trust of America, Inc. is headquartered in Scottsdale, Arizona.” Get a free copy of the Zacks research report on Healthcare Trust Of America Inc (HTA).