Argus Downgrades HCP (HCP) to Hold

January 4, 2016 7:31 AM EST
Get Alerts HCP Hot Sheet
Price: $34.78 --0%

Rating Summary:
    15 Buy, 20 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 4 | Down: 8 | New: 54
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Argus downgraded HCP (NYSE: HCP) from Buy to Hold.

The analyst is concerned that the HCR ManorCare portfolio has weighed on net operating income at HCP. Lower 2016 FFO estimate to $3.18 per share from $3.23.

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

Shares of HCP closed at $38.24 yesterday.



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