A statement released earlier today by Vetr Inc. about HCP, Inc. (NYSE:HCP) bumps the target price to $36.58
- Updated: October 13, 2016
Indicating a possible upside of 0.02%, Vetr Inc. bumped up the target of HCP, Inc. (NYSE:HCP) to $36.58
Yesterday HCP, Inc. (NYSE:HCP) traded 1.05% higher at $35.91. The company’s 50-day moving average is $38.03 and its 200-day moving average is $36.15. The last stock close price is down 0.87% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,851,180 shares of the stock were exchanged, down from an average trading volume of 3,196,940
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HCP, Inc. has a 52 week low of $25.11 and a 52 week high of $40.43 The company’s market cap is currently $0.
In addition to Vetr Inc. reporting its target price, a total of 12 firms have reported on the stock. The consensus target price is $31.42 with 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 10 firms rating the stock a hold, 5 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
About HCP, Inc. (NYSE:HCP)
HCP, Inc. (HCP) is a self-administered real estate investment trust (REIT). The Company invests in real estate serving the healthcare industry in the United States. Its portfolio consists of investments in various healthcare segments: senior housing, post-acute/skilled nursing, life science, medical office and hospital. Its portfolio includes owned portfolio, unconsolidated joint ventures, and developments and redevelopments. It has interests in unconsolidated joint ventures representing approximately 30 properties primarily in its senior housing, life science and medical office segments. The Company has interests in approximately 530 senior housing facilities, including over 25 properties owned by its unconsolidated joint ventures. Its senior housing facilities include independent living facilities, assisted living facilities, memory care facilities, care homes and continuing care retirement communities. It has interests in approximately 310 post-acute/skilled nursing facilities.
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