Healthcare Trust of America (NYSE:HTA) Given Equal-weight Rating At Morgan Stanley, Is a Move on The Horizon?

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How Morgan Stanley Currently Rates Healthcare Trust of America (NYSE:HTA)

Stock analysts at Morgan Stanley launched coverage Healthcare Trust of America (NYSE:HTA) shares in a recent report made public on 9 December, IR.net reports. The equities firm has set a Equal-weight rating on HTA stock.

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 2.27% above today’s ($26.4) 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 583,060 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 (NYSE:HTA) Given Equal-weight Rating At Morgan Stanley, Is a Move on The Horizon?

Healthcare Trust of America, Inc. operates as a real estate investment trust (REIT). The company has a market cap of $3.35 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 76.12 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).

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