Raymond James Issues a Downgrade for Healthcare Trust (NYSE:HTA) from a “Outperform” to “Market Perform” Rating

May 21, 2018 - By Dolores Ford

Healthcare Trust of America, Inc. (NYSE:HTA) Logo

Healthcare Trust (NYSE:HTA) Receives a Downgrade

In analysts note issued on Monday, 21 May, Raymond James has decided to lowered rating on Healthcare Trust (NYSE:HTA) shares to a “Market Perform”. HTA’s prior rating was a “Outperform”.

Healthcare Trust of America, Inc. (NYSE:HTA) Ratings Coverage

Among 6 analysts covering Healthcare Trust (NYSE:HTA), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Healthcare Trust has $34.0 highest and $30 lowest target. $32.17’s average target is 30.51% above currents $24.65 stock price. Healthcare Trust had 9 analyst reports since January 9, 2018 according to SRatingsIntel. The stock of Healthcare Trust of America, Inc. (NYSE:HTA) has “Buy” rating given on Tuesday, January 9 by BMO Capital Markets. The firm has “Buy” rating by SunTrust given on Monday, January 22. Stifel Nicolaus maintained the shares of HTA in report on Thursday, February 15 with “Buy” rating. The company was downgraded on Tuesday, February 20 by Mizuho. Stifel Nicolaus downgraded the shares of HTA in report on Wednesday, April 25 to “Hold” rating. The stock of Healthcare Trust of America, Inc. (NYSE:HTA) earned “Buy” rating by Jefferies on Thursday, February 15. Morgan Stanley maintained Healthcare Trust of America, Inc. (NYSE:HTA) rating on Tuesday, March 20. Morgan Stanley has “Overweight” rating and $30 target. The firm earned “Buy” rating on Monday, March 26 by Jefferies. The rating was maintained by BMO Capital Markets with “Buy” on Monday, March 26.

The stock increased 1.09% or $0.27 during the last trading session, reaching $24.65. About 819,908 shares traded. Healthcare Trust of America, Inc. (NYSE:HTA) has declined 18.06% since May 21, 2017 and is downtrending. It has underperformed by 29.61% the S&P500.

Analysts await Healthcare Trust of America, Inc. (NYSE:HTA) to report earnings on July, 30. They expect $0.42 earnings per share, up 7.69 % or $0.03 from last year’s $0.39 per share. HTA’s profit will be $87.83 million for 14.67 P/E if the $0.42 EPS becomes a reality. After $0.41 actual earnings per share reported by Healthcare Trust of America, Inc. for the previous quarter, Wall Street now forecasts 2.44 % EPS growth.

Healthcare Trust of America, Inc. is a publicly owned equity real estate investment trust. The company has market cap of $5.16 billion. The firm invests in the real estate markets of the United States. It has a 72.49 P/E ratio. It is engaged in acquiring, owning and operating high-quality medical office buildings located primarily on-campus or affiliated with the nationÂ’s leading healthcare systems.

More news for Healthcare Trust of America, Inc. (NYSE:HTA) were recently published by: Seekingalpha.com, which released: “Premarket analyst action – healthcare” on May 21, 2018. Prnewswire.com‘s article titled: “Healthcare Trust of America, Inc. Announces its Second Quarter Dividend” and published on April 27, 2018 is yet another important article.

Healthcare Trust of America, Inc. (NYSE:HTA) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: