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Stifel issued a report on HCP (NYSE:HCP), bumping up its stock price target to $29.00 today

Just yesterday HCP (NYSE:HCP) traded -0.07% lower at $25.84. HCP’s 50-day average is $29.61 and its two hundred day average is $30.98. The last stock price is down -10.18% from the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the date range. Volume of trade was up over the average, with 3,756,945 shares of HCP changing hands over the typical 3,372,000

HCP (NYSE:HCP) had its price target upped to $29.00 by Stifel in an issued report announced Tuesday December 05, 2017. The bumped up target implies a possible upside of 0.12% based on the company's last stock close price.

Previously on 11/07/2017, Stifel Nicolaus reported on HCP (NYSE:HCP) bumped down the target price from $30.00 to $29.00. At the time, this indicated a possible upside of 0.07%.

Performance Chart


HCP has a 52 week low of $27.61 and a 52 week high of $36.16 with a P/E ratio of 18.97 HCP’s total market value is presently $0.

A total of 12 analysts have released a report on the company. 0 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 10 firms rating the stock a hold, 5 analysts rating the company a underperform, and finally one analyst rating the company a sell with a one year target of $31.42.

Brief Synopsis About HCP (NYSE:HCP)

HCP, Inc. is a self-administered real estate investment trust. The Company invests in real estate serving the healthcare industry in the United States. The Company's segments include senior housing triple-net (SH NNN), senior housing operating portfolio (SHOP), life science and medical office. Its senior housing facilities include independent living facilities, assisted living facilities, memory care facilities, care homes, and continuing care retirement communities. Its Life science properties contain laboratory and office space for biotechnology, medical device and pharmaceutical companies, scientific research institutions, government agencies and other organizations. Its Medical office buildings contain physicians' offices and examination rooms, and may include pharmacies, hospital ancillary service space and outpatient services. As of December 31, 2016, it had interests in and managed 15 hospitals, 61 care homes in the United Kingdom and five post-acute/skilled nursing facilities.

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