Royal Bank Raises Price Target on Healthpeak Properties to $24.00
Royal Bank of Canada raised its price target for Healthpeak Properties (NYSE:DOC) from $21.00 to $24.00 in a research note issued on Monday.
The brokerage currently has an 'outperform' rating on the real estate investment trust's stock, indicating a potential upside of 14.14% from the stock's previous close.
This is not the only positive forecast for Healthpeak Properties - several other firms have also raised their price targets in recent weeks, with Wells Fargo & Company increasing its target to $22.00 and Barclays setting a target of $23.00.