LTC Properties found using ticker (LTC) have now 9 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 48 and 35 with a mean TP of 42.22. Now with the previous closing price of 36.3 this would imply there is a potential upside of 16.3%. There is a 50 day moving average of 42.47 while the 200 day moving average is 37.71. The company has a market capitalisation of $1,506m. Find out more information at: https://www.LTCreit.com
The potential market cap would be $1,752m 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.
