Wells Fargo Analyst Raises Price Target for Healthcare Realty Trust to $16.00, Maintains "Underweight" Rating

Wells Fargo analyst John Kilichowski maintains an "Underweight" rating on Healthcare Realty Trust (HR) while raising the price target from $15.00 to $16.00 USD, a 6.67% increase. The rating remains unchanged. Historical ratings include "Neutral" ratings from JP Morgan and Wedbush with price target adjustments. Average target price is $17.43 with a high estimate of $20.00 and a low estimate of $15.00.

Healthcare Realty Trust (HR) received a positive update from Wells Fargo analyst John Kilichowski, who maintained an "Underweight" rating while raising the price target from $15.00 to $16.00 USD, a 6.67% increase [1]. This adjustment follows a series of changes in analyst ratings and price targets for the healthcare real estate investment trust.

Historically, HR has seen varying ratings from different analysts. For instance, JP Morgan maintained a "Neutral" rating while lowering the price target from $18.00 to $17.00 in June 2025 [1]. Similarly, Wedbush also set a "Neutral" rating and lowered the price target from $18.00 to $16.00 in May 2025 [1]. These changes reflect the dynamic nature of the financial market and the varying opinions of analysts.

Based on the consensus of 7 analysts, the average target price for HR is $17.43, with a high estimate of $20.00 and a low estimate of $15.00 [1]. This average target implies an upside of 1.48% from the current price of $17.18. Despite the recent adjustments, the consensus recommendation from 10 brokerage firms remains at a "Hold" status, indicating a cautious outlook [1].

Institutional interest in HR has been growing, with Quantbot Technologies LP and several other hedge funds increasing their stakes in the company [2]. This trend suggests that despite the analyst ratings, there is a significant level of confidence in the company's long-term prospects.

Healthcare Realty Trust focuses on owning, leasing, and managing outpatient facilities and other healthcare properties, generating all its revenue in the United States [1]. The company's financial performance in the latest quarter saw earnings per share (EPS) of $0.41, surpassing analysts' expectations [1]. However, the company also announced a reduction in its dividend, which will be paid on August 28, 2025 [1].

Overall, the latest update from Wells Fargo suggests a modest improvement in the outlook for HR, but the market remains cautious. Investors should continue to monitor the company's performance and analyst ratings for any further developments.

References:
[1] https://www.gurufocus.com/news/3085472/healthcare-realty-trust-hr-price-target-raised-by-scotiabank-hr-stock-news
[2] https://www.marketbeat.com/instant-alerts/filing-quantbot-technologies-lp-makes-new-investment-in-healthcare-realty-trust-incorporated-hr-2025-08-23/