LTC Properties found using ticker (LTC) now have 8 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 40 and 34 with a mean TP of 35.88. Given that the stocks previous close was at 35.36 this now indicates there is a potential upside of 1.5%. The day 50 moving average is 34.22 and the 200 moving average now moves to 36.08. The company has a market capitalisation of $1,395m. You can visit the company’s website by visiting: https://www.LTCreit.com
The potential market cap would be $1,416m based on the market concensus.
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds 181 investments in 27 states with 29 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.
