Sila Realty Trust (NYSE:SILA) Now Covered by Janney Montgomery Scott

Equities research analysts at Janney Montgomery Scott assumed coverage on shares of Sila Realty Trust (NYSE:SILA) in a research note issued to investors on Thursday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $28.00 price target on the stock. Janney Montgomery Scott’s target price would indicate a potential upside of 11.35% from the stock’s previous close.

Separately, BNP Paribas assumed coverage on shares of Sila Realty Trust in a research note on Tuesday, June 25th. They set an “outperform” rating and a $30.00 target price for the company.

Sila Realty Trust Stock Down 1.5 %

NYSE SILA opened at $25.15 on Thursday. The business’s fifty day moving average price is $24.11. Sila Realty Trust has a 1 year low of $7.45 and a 1 year high of $26.50.

Hedge Funds Weigh In On Sila Realty Trust

Large investors have recently bought and sold shares of the stock. Long Pond Capital LP acquired a new position in shares of Sila Realty Trust in the 2nd quarter valued at $49,981,000. Millennium Management LLC acquired a new position in shares of Sila Realty Trust in the 2nd quarter valued at $16,010,000. Cambridge Investment Research Advisors Inc. acquired a new position in shares of Sila Realty Trust in the 2nd quarter valued at $15,534,000. Cetera Investment Advisers acquired a new position in shares of Sila Realty Trust in the 2nd quarter valued at $7,547,000. Finally, Madrona Financial Services LLC acquired a new position in shares of Sila Realty Trust in the 2nd quarter valued at $4,686,000.

Sila Realty Trust Company Profile

Sila Realty Trust, Inc, headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the large, growing, and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams.