Mizuho Securities Reiterates Buy Rating on Healthpeak Properties (PEAK)

February 12, 2020 7:18 AM EST
Get Alerts PEAK Hot Sheet
Price: $36.27 +0.58%

Rating Summary:
    4 Buy, 5 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 12 | New: 23
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Mizuho Securities analyst Omotayo Okusanya reiterated a Buy rating and $38.00 price target on Healthpeak Properties (NYSE: PEAK) following the company's 4Q earnings report. PEAK reported 4Q19 FFO/sh of $0.44, essentially in line with consensus estimates of $0.43.

On the senior housing front, PEAK acquired Brookdale's (BKD, not covered) 51% interest in 13 CCRCs for $541M (PEAK now owns 100% of the assets). 2020 FFO/sh guidance was set at $1.77-$1.83.

For an analyst ratings summary and ratings history on Healthpeak Properties click here. For more ratings news on Healthpeak Properties click here.

Shares of Healthpeak Properties closed at $36.59 yesterday.

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